Kelly Services (KELYA) Scheduled to Post Earnings on Thursday

Kelly Services (NASDAQ:KELYA) is scheduled to issue its quarterly earnings data before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Individual interested in listening to the company’s earnings conference call can do so using this link.

Kelly Services (NASDAQ:KELYA) last announced its quarterly earnings results on Thursday, August 8th. The business services provider reported $0.71 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.56 by $0.15. The business had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. Kelly Services had a return on equity of 7.82% and a net margin of 1.09%. The company’s quarterly revenue was down 13.1% on a year-over-year basis. During the same quarter in the prior year, the company earned $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 Stock Up 1.1 %

Shares of NASDAQ KELYA traded up $0.22 during midday trading on Tuesday, hitting $20.48. 1,565 shares of the stock traded hands, compared to its average volume of 221,758. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.61 and a current ratio of 1.61. Kelly Services has a one year low of $18.36 and a one year high of $25.27. The business has a 50 day moving average price of $20.59 and a two-hundred day moving average price of $21.45. The company has a market cap of $728.47 million, a PE ratio of 15.47, a P/E/G ratio of 0.62 and a beta of 1.20.

Kelly Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, September 4th. Shareholders of record on Wednesday, August 21st were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Wednesday, August 21st. This represents a $0.30 dividend on an annualized basis and a yield of 1.46%. Kelly Services’s dividend payout ratio (DPR) is presently 22.90%.

Analyst Upgrades and Downgrades

A number of research analysts have recently issued reports on KELYA shares. Barrington Research reiterated an “outperform” rating and set a $29.00 price objective on shares of Kelly Services in a report on Friday, September 27th. StockNews.com downgraded Kelly Services from a “buy” rating to a “hold” rating in a research note on Friday, August 9th.

Kelly Services Company Profile

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.