Kelly Services (KELYA) Projected to Post Quarterly Earnings on Thursday

Key Points

• Kelly Services is set to announce its quarterly earnings on Thursday, August 7th, with analysts expecting earnings of $0.54 per share and revenue of $1.12 billion.
• The company's most recent earnings report in May showed a missed estimate with $0.39 EPS, compared to a consensus of $0.53.
• Institutional investors hold 76.34% of Kelly Services' stock, indicating strong interest from large financial entities.

Kelly Services (NASDAQ:KELYA - Get Free Report) is expected to be posting its quarterly earnings results before the market opens on Thursday, August 7th. Analysts expect Kelly Services to post earnings of $0.54 per share and revenue of $1.12 billion for the quarter. Kelly Services has set its Q2 2025 guidance at EPS.

Kelly Services (NASDAQ:KELYA - Get Free Report) last released its quarterly earnings data on Thursday, May 8th. The business services provider reported $0.39 earnings per share for the quarter, missing the consensus estimate of $0.53 by ($0.14). Kelly Services had a negative net margin of 0.46% and a positive return on equity of 6.13%. The company had revenue of $1.16 billion during the quarter, compared to the consensus estimate of $1.16 billion. 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 Price Performance

Shares of KELYA stock traded up $0.17 during trading hours on Monday, hitting $12.24. The company had a trading volume of 137,251 shares, compared to its average volume of 300,858. Kelly Services has a 12 month low of $10.80 and a 12 month high of $22.44. The firm has a market capitalization of $426.88 million, a price-to-earnings ratio of -20.37, a PEG ratio of 0.44 and a beta of 0.99. The firm's fifty day moving average is $12.15 and its 200 day moving average is $12.59. The company has a debt-to-equity ratio of 0.16, a quick ratio of 1.64 and a current ratio of 1.64.

Kelly Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which was paid on Tuesday, June 3rd. Stockholders of record on Monday, May 19th were paid a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 2.5%. The ex-dividend date was Monday, May 19th. Kelly Services's dividend payout ratio is currently -50.00%.

Wall Street Analysts Forecast Growth

KELYA has been the topic of several analyst reports. Wall Street Zen lowered Kelly Services from a "buy" rating to a "hold" rating in a research note on Tuesday, May 20th. Barrington Research reiterated an "outperform" rating and issued a $25.00 price objective on shares of Kelly Services in a research note on Tuesday, May 20th.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently modified their holdings of the business. Millennium Management LLC boosted its holdings in shares of Kelly Services by 8.5% in the 1st quarter. Millennium Management LLC now owns 1,188,264 shares of the business services provider's stock worth $15,649,000 after acquiring an additional 93,026 shares in the last quarter. AQR Capital Management LLC boosted its holdings in shares of Kelly Services by 24.3% in the 1st quarter. AQR Capital Management LLC now owns 373,269 shares of the business services provider's stock worth $4,916,000 after acquiring an additional 73,040 shares in the last quarter. Finally, Empowered Funds LLC boosted its holdings in shares of Kelly Services by 4.2% in the 1st quarter. Empowered Funds LLC now owns 214,829 shares of the business services provider's stock worth $2,829,000 after acquiring an additional 8,562 shares in the last quarter. 76.34% of the stock is owned by institutional investors and hedge funds.

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.