Kelly Services, Inc. (NASDAQ:KELYB) Releases Quarterly Earnings Results, Beats Estimates By $0.24 EPS
Kelly Services, Inc. (NASDAQ:KELYB) posted its earnings results on Wednesday. The business services provider reported $0.47 earnings per share for the quarter, topping the consensus estimate of $0.23 by $0.24, RTT News reports. The firm had revenue of $1.33 billion during the quarter. Kelly Services had a net margin of 2.37% and a return on equity of 6.39%. During the same quarter in the previous year, the business earned $0.29 EPS.
Kelly Services (KELYB) remained flat at $23.00 during trading on Thursday. The stock had a trading volume of 1,977 shares. Kelly Services has a one year low of $17.23 and a one year high of $27.80. The company has a 50-day moving average of $22.20 and a 200-day moving average of $21.95. The firm has a market capitalization of $880.60 million, a P/E ratio of 7.43 and a beta of 0.85.
The firm also recently announced a quarterly dividend, which will be paid on Friday, September 1st. Stockholders of record on Tuesday, August 22nd will be paid a $0.075 dividend. The ex-dividend date is Friday, August 18th. This represents a $0.30 annualized dividend and a dividend yield of 1.30%. Kelly Services’s payout ratio is 9.52%.
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About Kelly Services
Kelly Services, Inc is a workforce solutions provider, which is engaged in offering a range of specialty services. The Company provides workforce solutions in three regions: the Americas; Europe, the Middle East and Africa (EMEA), and Asia Pacific (APAC). The Company’s segments are Americas Commercial, Americas Professional and Technical (Americas PT), EMEA Commercial, EMEA Professional and Technical (EMEA PT), and Outsourcing and Consulting Group (OCG).
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