Kelly Services (NASDAQ:KELYA - Get Free Report) is projected to announce its earnings results before the market opens on Thursday, February 13th. Analysts expect the company to announce earnings of $0.65 per share and revenue of $1.15 billion for the quarter. Parties interested in listening to the company's conference call can do so using this link.
Kelly Services (NASDAQ:KELYA - Get Free Report) last issued its quarterly earnings results on Thursday, November 7th. The business services provider reported $0.21 EPS for the quarter, missing analysts' consensus estimates of $0.44 by ($0.23). The business had revenue of $1.04 billion for the quarter, compared to the consensus estimate of $1.07 billion. Kelly Services had a net margin of 0.97% and a return on equity of 6.93%. The firm's revenue was down 7.1% on a year-over-year basis. During the same quarter in the previous year, the business earned $0.50 earnings per share. On average, analysts expect Kelly Services to post $2 EPS for the current fiscal year and $3 EPS for the next fiscal year.
Kelly Services Trading Down 2.2 %
Shares of KELYA traded down $0.29 during mid-day trading on Friday, reaching $13.13. The company's stock had a trading volume of 271,095 shares, compared to its average volume of 261,028. Kelly Services has a 52 week low of $12.68 and a 52 week high of $25.27. The stock has a market cap of $467.56 million, a PE ratio of 11.42, a P/E/G ratio of 0.40 and a beta of 1.11. The company's fifty day moving average price is $13.88 and its two-hundred day moving average price is $17.66. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.18.
Analyst Upgrades and Downgrades
Separately, Barrington Research lowered their price target on shares of Kelly Services from $29.00 to $25.00 and set an "outperform" rating for the company in a research note on Monday, November 18th.
View Our Latest Stock Report on Kelly Services
Insider Buying and Selling at Kelly Services
In other Kelly Services news, SVP Daniel H. Malan purchased 3,500 shares of the company's stock in a transaction that occurred on Wednesday, November 20th. The stock was bought at an average price of $13.88 per share, with a total value of $48,580.00. Following the completion of the purchase, the senior vice president now directly owns 95,906 shares of the company's stock, valued at $1,331,175.28. The trade was a 3.79 % increase in their position. The purchase was disclosed in a filing with the SEC, which is available at this hyperlink. 3.90% of the stock is currently owned by corporate insiders.
About Kelly Services
(
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Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries. The company operates through five segments: Professional & Industrial; Science, Engineering & Technology; Education; Outsourcing & Consulting; and International. The Professional & Industrial segment delivers staffing, outcome-based, and permanent placement services providing administrative, accounting, and finance; light industrial; contact center staffing; and other workforce solutions.
Further Reading
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