Kelly Services, Inc. (KELYA) to Release Quarterly Earnings on Wednesday
Kelly Services, Inc. (NASDAQ:KELYA) is scheduled to announce its earnings results before the market opens on Wednesday, November 8th. Analysts expect the company to announce earnings of $0.31 per share for the quarter.
Kelly Services (NASDAQ:KELYA) last posted its quarterly earnings results on Wednesday, August 9th. The business services provider reported $0.47 EPS for the quarter, topping analysts’ consensus estimates of $0.23 by $0.24. Kelly Services had a return on equity of 6.88% and a net margin of 2.58%. The business had revenue of $1.33 billion during the quarter, compared to analysts’ expectations of $1.31 billion. During the same quarter last year, the company posted $0.29 earnings per share. Kelly Services’s quarterly revenue was down 3.0% on a year-over-year basis. On average, analysts expect Kelly Services to post $1.73 EPS for the current fiscal year and $1.84 EPS for the next fiscal year.
Kelly Services, Inc. (KELYA) opened at 26.31 on Wednesday. The company’s 50-day moving average price is $25.07 and its 200-day moving average price is $23.09. Kelly Services, Inc. has a 12-month low of $18.06 and a 12-month high of $26.81. The company has a market cap of $1.01 billion, a PE ratio of 7.88 and a beta of 1.01.
Several equities research analysts have commented on KELYA shares. BidaskClub upgraded shares of Kelly Services from a “strong sell” rating to a “sell” rating in a research note on Thursday, July 6th. Zacks Investment Research lowered shares of Kelly Services from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, July 12th. Finally, ValuEngine lowered shares of Kelly Services from a “buy” rating to a “hold” rating in a research note on Monday, July 17th.
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About Kelly Services
Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).
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