Kelly Services (NASDAQ:KELYA – Get Free Report) announced its quarterly earnings data on Thursday. The business services provider reported $0.71 EPS for the quarter, topping analysts’ consensus estimates of $0.56 by $0.15, Briefing.com reports. The company had revenue of $1.06 billion during the quarter, compared to the consensus estimate of $1.05 billion. Kelly Services had a return on equity of 6.87% and a net margin of 1.11%. The company’s quarterly revenue was down 13.1% on a year-over-year basis. During the same quarter last year, the company earned $0.36 EPS.
Kelly Services Price Performance
KELYA stock opened at $19.43 on Monday. Kelly Services has a 1 year low of $16.85 and a 1 year high of $25.27. The stock has a market cap of $690.19 million, a price-to-earnings ratio of 13.98, a P/E/G ratio of 0.80 and a beta of 1.21. The company has a 50 day simple moving average of $21.65 and a 200 day simple moving average of $22.63.
Kelly Services Dividend Announcement
The firm also recently declared a quarterly dividend, which will be paid on Wednesday, September 4th. Stockholders of record on Wednesday, August 21st will be paid a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, August 21st. This represents a $0.30 annualized dividend and a dividend yield of 1.54%. Kelly Services’s payout ratio is 21.58%.
Analyst Upgrades and Downgrades
View Our Latest Research Report on KELYA
About Kelly Services
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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