Kelly Services (KELYA) to Release Quarterly Earnings on Thursday

Kelly Services (NASDAQ:KELYA) will issue its quarterly earnings data before the market opens on Thursday, May 9th. Analysts expect the company to announce earnings of $0.46 per share for the quarter. Parties that wish to register for the company’s conference call can do so using this link.

Kelly Services (NASDAQ:KELYA) last released its quarterly earnings results on Thursday, February 15th. The business services provider reported $0.93 earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of $0.55 by $0.38. Kelly Services had a return on equity of 6.50% and a net margin of 0.75%. The firm had revenue of $1.23 billion for the quarter, compared to the consensus estimate of $1.22 billion. During the same period last year, the business posted $0.18 EPS. The company’s revenue for the quarter was down .1% on a year-over-year basis. On average, analysts expect Kelly Services to post $2 EPS for the current fiscal year and $2 EPS for the next fiscal year.

Kelly Services Price Performance

Shares of KELYA stock opened at $23.67 on Tuesday. The firm has a fifty day moving average price of $24.06 and a 200-day moving average price of $21.90. Kelly Services has a 1 year low of $15.53 and a 1 year high of $25.27. The company has a market cap of $835.31 million, a price-to-earnings ratio of 24.15, a PEG ratio of 1.02 and a beta of 1.19.

Kelly Services Announces Dividend

The business also recently announced a quarterly dividend, which was paid on Wednesday, March 13th. Stockholders of record on Tuesday, February 27th were issued a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 1.27%. The ex-dividend date was Monday, February 26th. Kelly Services’s dividend payout ratio (DPR) is presently 30.61%.

Insider Activity

In related news, SVP Timothy L. Dupree sold 12,711 shares of the company’s stock in a transaction dated Friday, March 8th. The shares were sold at an average price of $24.98, for a total transaction of $317,520.78. Following the transaction, the senior vice president now directly owns 32,392 shares in the company, valued at approximately $809,152.16. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. In other news, EVP Olivier Thirot sold 20,000 shares of the firm’s stock in a transaction that occurred on Thursday, March 7th. The shares were sold at an average price of $24.07, for a total transaction of $481,400.00. Following the transaction, the executive vice president now directly owns 174,793 shares of the company’s stock, valued at $4,207,267.51. The sale was disclosed in a filing with the SEC, which is accessible through this hyperlink. Also, SVP Timothy L. Dupree sold 12,711 shares of Kelly Services stock in a transaction that occurred on Friday, March 8th. The shares were sold at an average price of $24.98, for a total transaction of $317,520.78. Following the sale, the senior vice president now directly owns 32,392 shares of the company’s stock, valued at approximately $809,152.16. The disclosure for this sale can be found here. Corporate insiders own 3.90% of the company’s stock.

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.