Kelly Services (NASDAQ:KELYA) Posts Quarterly Earnings Results

Kelly Services (NASDAQ:KELYAGet Free Report) announced its quarterly earnings results on Thursday. The business services provider reported $0.37 EPS for the quarter, beating the consensus estimate of $0.18 by $0.19, FiscalAI reports. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.01 billion. Kelly Services had a negative net margin of 6.73% and a positive return on equity of 2.69%. During the same quarter last year, the business earned $0.52 earnings per share.

Kelly Services Price Performance

Shares of Kelly Services stock traded down $0.43 during trading on Friday, hitting $15.19. The stock had a trading volume of 341,588 shares, compared to its average volume of 357,639. The business has a fifty day moving average of $13.37 and a two-hundred day moving average of $10.94. The firm has a market cap of $526.64 million, a P/E ratio of -1.94, a PEG ratio of 1.15 and a beta of 0.83. Kelly Services has a fifty-two week low of $7.98 and a fifty-two week high of $17.75. The company has a debt-to-equity ratio of 0.08, a current ratio of 1.50 and a quick ratio of 1.59.

Kelly Services Announces Dividend

The company also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be issued a $0.075 dividend. The ex-dividend date is Wednesday, August 19th. This represents a $0.30 annualized dividend and a dividend yield of 2.0%. Kelly Services’s dividend payout ratio is -3.95%.

Insider Buying and Selling

In other Kelly Services news, EVP Vanessa Peterson Williams sold 29,999 shares of the business’s stock in a transaction dated Thursday, May 14th. The shares were sold at an average price of $9.78, for a total value of $293,390.22. Following the sale, the executive vice president directly owned 82,355 shares in the company, valued at approximately $805,431.90. The trade was a 26.70% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. Company insiders own 5.40% of the company’s stock.

Institutional Trading of Kelly Services

A number of hedge funds and other institutional investors have recently made changes to their positions in KELYA. Quarry LP lifted its stake in Kelly Services by 173.2% during the third quarter. Quarry LP now owns 1,970 shares of the business services provider’s stock valued at $26,000 after purchasing an additional 1,249 shares during the last quarter. CANADA LIFE ASSURANCE Co acquired a new position in Kelly Services in the fourth quarter worth approximately $30,000. Meeder Asset Management Inc. bought a new position in shares of Kelly Services in the fourth quarter valued at $42,000. Tower Research Capital LLC TRC increased its holdings in shares of Kelly Services by 83.5% in the second quarter. Tower Research Capital LLC TRC now owns 4,324 shares of the business services provider’s stock valued at $51,000 after buying an additional 1,967 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey lifted its position in shares of Kelly Services by 14.7% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 10,706 shares of the business services provider’s stock valued at $94,000 after acquiring an additional 1,369 shares during the last quarter. 76.34% of the stock is currently owned by institutional investors.

More Kelly Services News

Here are the key news stories impacting Kelly Services this week:

  • Positive Sentiment: Second-quarter results exceeded expectations. Kelly reported adjusted earnings of $0.37 per share, above analyst estimates ranging from $0.18 to $0.24, while revenue of $1.04 billion surpassed the $1.01 billion consensus. The earnings beat provides a positive catalyst for the stock. Kelly Services Q2 Earnings and Revenues Beat Estimates
  • Positive Sentiment: Kelly maintained its quarterly dividend. Shareholders of record on August 19 will receive $0.075 per share on September 2, equivalent to $0.30 annually and a yield of approximately 1.9%. The dividend supports the stock’s income appeal.
  • Neutral Sentiment: Management issued third-quarter revenue guidance of $916.3 million to $935.0 million. The midpoint of approximately $925.7 million is close to, but slightly below, the $929.3 million analyst consensus, suggesting broadly stable expectations but limited near-term upside from revenue growth.
  • Negative Sentiment: Profitability weakened compared with last year. Second-quarter EPS declined from $0.52 in the prior-year period to $0.37, despite the estimate beat. Kelly also continued to report a negative net margin, which may be weighing on investor sentiment and offsetting the headline earnings surprise. Kelly Reports Second-Quarter 2026 Earnings

Analyst Upgrades and Downgrades

Several brokerages have weighed in on KELYA. Weiss Ratings downgraded Kelly Services from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 11th. Barrington Research reissued an “outperform” rating on shares of Kelly Services in a research note on Monday, June 29th. Finally, Zacks Research raised Kelly Services from a “strong sell” rating to a “hold” rating in a report on Monday, April 20th. Two analysts have rated the stock with a Buy rating, one has issued a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of “Hold” and a consensus target price of $15.00.

Read Our Latest Research Report on KELYA

About Kelly Services

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Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.

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Earnings History for Kelly Services (NASDAQ:KELYA)

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