Kelly Services Inc reports results for the quarter ended December 31 - Earnings Summary

Kelly Services

13/02/2025 14:31

* Kelly Services Inc  KELYA.OQ  reported quarterly adjusted
earnings of 82 cents​​ per share for the quarter ended December
31, lower than the same quarter last year, when the company
reported EPS of 93 cents.  The mean expectation of four analysts
for the quarter was for earnings of 46 cents per share. Wall
Street expected results to range from 32 cents to 52 cents per
share.
    * Revenue fell 3.3% to $1.19 billion from a year ago;
analysts
expected $1.15 billion. 
    * Kelly Services Inc's reported EPS for the quarter was a
loss
of 90 cents​.
    * The company reported a quarterly loss of $31.8 million.
    * Kelly Services Inc shares had fallen by 4.7% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 11.5%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the employment
services
peer group is also "buy"

Wall Street's median 12-month price target for Kelly Services
Inc is $27.00 
This summary was machine generated from LSEG data February 13 at
02:31 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2024      0.46           0.82           Beat
 Sep. 30 2024      0.36           0.21           Missed
 Jun. 30 2024      0.57           0.71           Beat
 Mar. 31 2024      0.47           0.56           Beat