Kelly Services (KELYB) Projected to Announce Quarterly Earnings on Thursday

Kelly Services (NASDAQ:KELYBGet Free Report) is expected to be issuing its results before the market opens on Thursday, August 6th. Analysts expect the company to announce earnings of $0.1850 per share and revenue of $1.0093 billion for the quarter.

Kelly Services (NASDAQ:KELYBGet Free Report) last released its quarterly earnings data on Thursday, May 7th. The business services provider reported $0.03 earnings per share for the quarter, missing the consensus estimate of $0.06 by ($0.03). Kelly Services had a negative net margin of 6.44% and a positive return on equity of 3.07%. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.02 billion.

Kelly Services Trading Down 0.2%

Shares of KELYB stock opened at $22.03 on Tuesday. Kelly Services has a 12-month low of $8.38 and a 12-month high of $125.00. The company has a current ratio of 1.59, a quick ratio of 1.59 and a debt-to-equity ratio of 0.13. The firm’s 50 day moving average is $20.93 and its 200 day moving average is $17.24. The stock has a market capitalization of $763.78 million, a P/E ratio of -2.90 and a beta of 0.82.

Analyst Upgrades and Downgrades

Separately, Weiss Ratings cut Kelly Services from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 11th. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has a consensus rating of “Sell”.

Read Our Latest Research Report on Kelly Services

About Kelly Services

(Get Free Report)

Kelly Services, Inc engages in staffing and workforce solutions. It operates through the following segments: Americas Staffing, Global Talent Solutions, and International Staffing. The Americas Staffing segment delivers temporary staffing, as well as direct-hire placement services, in a number of specialty staffing services, including office, education, marketing, electronic assembly, light industrial, science, engineering, and information technology in United States, Puerto Rico, Canada, Mexico and Brazil.

Further Reading

Earnings History for Kelly Services (NASDAQ:KELYB)

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