Spherion Corp. (SFN) on Monday announced financial results for the fourth quarter, posting earnings from continuing operations in the fourth quarter were $10.0 million, lower than $10.3 million in the prior year quarter. Meanwhile, on a per share basis, earnings remained flat with last year quarter at $0.18. Net earnings for the period declined to $9.7 million or $0.17 per share from $39.8 million or $0.70 per share in the preceding year period. Adjusted earnings from continuing operations in the fourth quarter were $11.1 million or $0.20 per share, up from $8.5 million or $0.15 per share in the previous year quarter. On average, four analysts polled by First Call/Thomson Financial expected the company to report earnings of $0.18 per share. Fourth quarter revenues rose 17% to $582 million from $498 million in last year period. Three Wall Street analysts expected revenues of $576.69 million. Looking forward, for the first quarter, the company expects earnings from continuing operations in the range of $0.06 to $0.10 per share. Adjusted earnings from continuing operations are expected to range between $0.07 and $0.11 per share. The company forecasts revenue to be between $585 million and $600 million. Street analysts expect earnings of $0.09 per share on revenues of $566.80 million.
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June 12, 2026 17:14 ET Major central bank action was the focus this week in economic news. The European Central Bank became the first major central bank to move in response to the rising inflationary pressures in the backdrop of the conflict in the Middle East. In North America, the U.S. inflation and trade data as well as Canada’s central bank decision gained attention. The Chinese trade data was the main news in Asia.