Kelly Services (KELYA) Scheduled to Post Earnings on Thursday

Kelly Services (NASDAQ:KELYA) is scheduled to be announcing its earnings results before the market opens on Thursday, November 7th. Analysts expect the company to announce earnings of $0.44 per share for the quarter. Investors that are interested in participating in the company’s conference call can do so using this link.

Kelly Services (NASDAQ:KELYA) last released its quarterly earnings results on Thursday, August 8th. The business services provider reported $0.71 EPS for the quarter, topping the consensus estimate of $0.56 by $0.15. Kelly Services had a return on equity of 7.82% and a net margin of 1.09%. The firm had revenue of $1.06 billion for the quarter, compared to analyst estimates of $1.05 billion. During the same period in the previous year, the company posted $0.36 EPS. Kelly Services’s revenue for the quarter was down 13.1% on a year-over-year basis. 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 Trading Up 2.9 %

NASDAQ KELYA opened at $20.39 on Thursday. Kelly Services has a 52 week low of $17.65 and a 52 week high of $25.27. The stock has a market cap of $724.29 million, a P/E ratio of 14.67, a PEG ratio of 0.61 and a beta of 1.19. The company has a current ratio of 1.61, a quick ratio of 1.61 and a debt-to-equity ratio of 0.16. The company’s fifty day simple moving average is $20.63 and its 200-day simple moving average is $21.54.

Kelly Services Dividend Announcement

The firm also recently announced a quarterly dividend, which was paid on Wednesday, September 4th. Stockholders 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 annualized dividend and a dividend yield of 1.47%. Kelly Services’s dividend payout ratio is presently 21.58%.

Analysts Set New Price Targets

A number of brokerages have weighed in on KELYA. StockNews.com lowered Kelly Services from a “buy” rating to a “hold” rating in a research note on Friday, August 9th. Barrington Research restated an “outperform” rating and issued a $29.00 price target on shares of Kelly Services in a research note on Friday, September 27th.

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.