GEE Group Reports Lower-Than-Expected GAAP EPS and Revenue
May 16, 2023
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GEE ($NYSEAM:JOB) Group provides staffing solutions to various industries, including engineering, finance, accounting, information technology, healthcare, manufacturing, and logistics. It provides direct hire recruitment services that include executive search, job board services, pre-employment screening and testing, and other services.
Additionally, GEE Group provides temporary staffing services to clients predominantly in the light industrial sector. The company has been expanding its presence by focusing on acquisitions, increasing its client base and investing in technology to improve customer experience. In recent years GEE Group has made considerable strides in improving its performance and expanding its services. The company has reported strong financial results over the past few quarters and is well positioned to continue to grow in the future.
Market Price
On Monday, GEE GROUP reported lower-than-expected GAAP earnings per share (EPS) and revenue for the fiscal year. The company’s GAAP EPS was reported at $0.5 and its revenue was reported at $0.5, both of which were below expectations. Despite the lower-than-expected results, GEE GROUP stock opened at $0.5 and closed at $0.5, up by 2.9% from last closing price of 0.5. This could indicate investors are optimistic about the company’s future performance and outlook. Live Quote…
About the Company
Income Snapshot
Below shows the total revenue, net income and net margin for Gee Group. More…
| Total Revenues | Net Income | Net Margin |
| 163.41 | 3.58 | 2.2% |
Cash Flow Snapshot
Below shows the cash from operations, investing and financing for Gee Group. More…
| Operations | Investing | Financing |
| 6.64 | -0.29 | 0 |
Balance Sheet Snapshot
Below shows the total assets, liabilities and book value per share for Gee Group. More…
| Total Assets | Total Liabilities | Book Value Per Share |
| 116.16 | 14.12 | 0.89 |
Key Ratios Snapshot
Some of the financial key ratios for Gee Group are shown below. More…
| 3Y Rev Growth | 3Y Operating Profit Growth | Operating Margin |
| 2.7% | 24.6% | 2.8% |
| FCF Margin | ROE | ROA |
| 3.9% | 2.8% | 2.5% |
Analysis
At GoodWhale, we recently conducted an analysis of GEE GROUP‘s financials and the results indicate that this is a high risk investment. Based on our Risk Rating, GEE GROUP appears to have significant financial and business risks. When we dug into the details, we found two risk warnings in the income sheet and balance sheet. To get more details about these findings, you need to become a registered user with GoodWhale. We are committed to providing the most up-to-date and relevant information so that you can make an informed decision when investing in GEE GROUP. More…
Peers
GEE Group Inc is constantly competing with other major players in the industry such as Hays PLC, Groupe CRIT SA, and RELX PLC. These competitors are all vying for the same business opportunities, making it a challenging and highly competitive market. GEE Group Inc must stay ahead of the competition and continually innovate and improve their services in order to remain successful.
– Hays PLC ($LSE:HAS)
Hays PLC is a leading professional services recruitment company headquartered in the United Kingdom. The company operates in 33 countries around the world and provides tailored recruitment solutions to its clients in the public, private and not-for-profit sectors. With a current market capitalization of 1.79B and a Return on Equity of 17.71%, Hays PLC has established itself as a successful and profitable leader in the recruitment sector. The company’s long-term strategies, investment in technology and focus on customer satisfaction have all contributed to its value and success.
– Groupe CRIT SA ($LTS:0DZJ)
Groupe CRIT SA is a leading provider of IT infrastructure services and solutions in Europe. The company offers cloud, hosting, managed services, and data center services to businesses of all sizes. As of 2023, the company has a market capitalization of 919.27M and a Return on Equity (ROE) of 9.48%. This shows that the company is performing relatively well in terms of profitability, given its size. The company’s services and solutions provide customers with the capability to access and manage their IT systems efficiently, reliably, and securely. This has allowed Groupe CRIT SA to remain competitive in the industry while building strong customer relationships.
– RELX PLC ($LSE:REL)
RELX PLC is a global provider of information-based analytics and decision-making solutions that serve professional, scientific and business industries. With a market capitalization of 47.03 billion in 2023, the company is well positioned to continue delivering strong performance and shareholder value. RELX PLC has demonstrated excellence in terms of its return on equity, with a 38.62% ROE, which reflects the company’s ability to create value for its shareholders. RELX PLC’s success is driven by its commitment to innovation and customer service, as well as its focus on providing comprehensive data and analytical solutions that are tailored to meet the ever-changing needs of its customer base.
Summary
GEE Group Inc. has recently released their financial report showing GAAP earnings per share of $0.01 and revenues of $38.86 million, missing analyst estimates by $0.31 million. Investors should take note of this miss as it may indicate a weak financial outlook for GEE Group. To further analyze GEE Group’s performance, investors should pay attention to the company’s cashflow statement, balance sheet, and income statement to better understand the company’s short-term and long-term prospects. Additionally, investors should keep an eye on key developments in industry trends that may affect GEE Group’s future revenue and earnings numbers.
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