Kelly Services (NASDAQ:KELYA - Get Free Report) will announce its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Investors interested in listening to the company's conference call can do so using this link.
Kelly Services (NASDAQ:KELYA - Get Free Report) last posted its quarterly earnings data on Thursday, August 8th. The business services provider reported $0.71 earnings per share for the quarter, topping the consensus estimate of $0.56 by $0.15. The company had revenue of $1.06 billion during the quarter, compared to analyst estimates of $1.05 billion. Kelly Services had a net margin of 1.09% and a return on equity of 7.82%. The company's revenue was down 13.1% on a year-over-year basis. During the same quarter last year, the business posted $0.36 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 Price Performance
Shares of Kelly Services stock traded down $0.38 during midday trading on Thursday, reaching $20.01. The company had a trading volume of 78,705 shares, compared to its average volume of 223,444. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.16. The company has a market capitalization of $711.72 million, a price-to-earnings ratio of 15.44, a price-to-earnings-growth ratio of 0.61 and a beta of 1.19. The stock has a fifty day simple moving average of $20.63 and a 200 day simple moving average of $21.52. Kelly Services has a 1-year low of $17.65 and a 1-year high of $25.27.
Kelly Services Announces Dividend
The business also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Investors of record on Wednesday, August 21st were issued a $0.075 dividend. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.50%. The ex-dividend date of this dividend was Wednesday, August 21st. Kelly Services's dividend payout ratio is currently 22.90%.
Analysts Set New Price Targets
A number of brokerages have issued reports on KELYA. StockNews.com cut shares of Kelly Services from a "buy" rating to a "hold" rating in a research note on Friday, August 9th. Barrington Research reaffirmed an "outperform" rating and issued a $29.00 price objective on shares of Kelly Services in a research note on Friday, September 27th.
View Our Latest Stock Report on Kelly Services
Kelly Services Company Profile
(
Get Free Report)
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.
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