Kelly Services, Inc. (KELYA) Set to Announce Quarterly Earnings on Wednesday

Kelly Services, Inc. (NASDAQ:KELYA) is set 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 announced its earnings results on Wednesday, August 9th. The business services provider reported $0.47 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.23 by $0.24. Kelly Services had a net margin of 2.58% and a return on equity of 6.88%. The company had revenue of $1.33 billion during the quarter, compared to analyst estimates of $1.31 billion. During the same period in the previous year, the business earned $0.29 earnings per share. The firm’s quarterly revenue was down 3.0% compared to the same quarter last year. On average, analysts expect Kelly Services to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Shares of Kelly Services, Inc. (NASDAQ:KELYA) traded down $0.02 during trading hours on Monday, reaching $26.37. 24,261 shares of the company traded hands, compared to its average volume of 102,206. Kelly Services, Inc. has a one year low of $18.06 and a one year high of $27.12. The stock has a market capitalization of $1,010.95, a price-to-earnings ratio of 14.58 and a beta of 1.06.

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KELYA has been the topic of several research analyst reports. ValuEngine downgraded shares of Kelly Services from a “buy” rating to a “hold” rating in a research report on Monday, July 17th. BidaskClub downgraded shares of Kelly Services from a “sell” rating to a “strong sell” rating in a report on Monday, August 14th. Finally, Zacks Investment Research cut shares of Kelly Services from a “buy” rating to a “hold” rating in a research note on Tuesday, August 15th.

Kelly Services Company Profile

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).

Earnings History for Kelly Services (NASDAQ:KELYA)

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