Kelly Services (KELYB) Expected to Announce Earnings on Thursday

Kelly Services (NASDAQ:KELYB) will likely be posting its results before the market opens on Thursday, May 7th. Analysts expect Kelly Services to post earnings of $0.0575 per share and revenue of $1.0203 billion for the quarter.

Kelly Services (NASDAQ:KELYB) last issued its quarterly earnings results on Thursday, February 12th. The business services provider reported $0.16 EPS for the quarter. Kelly Services had a positive return on equity of 4.05% and a negative net margin of 5.98%.The firm had revenue of $1.05 billion during the quarter.

Kelly Services Price Performance

Shares of NASDAQ KELYB opened at $16.26 on Tuesday. Kelly Services has a fifty-two week low of $8.38 and a fifty-two week high of $125.00. The company has a quick ratio of 1.54, a current ratio of 1.54 and a debt-to-equity ratio of 0.10. The firm has a market cap of $556.29 million, a PE ratio of -2.24 and a beta of 0.71. The business has a 50 day moving average price of $14.74 and a two-hundred day moving average price of $12.62.

Kelly Services Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Wednesday, March 11th. Shareholders of record on Wednesday, February 25th were given a $0.075 dividend. This represents a $0.30 annualized dividend and a yield of 1.8%. The ex-dividend date of this dividend was Wednesday, February 25th. Kelly Services’s payout ratio is currently -4.13%.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings reiterated a “sell (d)” rating on shares of Kelly Services in a report on Friday, March 27th. One research analyst has rated the stock with a Sell rating, Based on data from MarketBeat.com, the stock has an average rating of “Sell”.

Kelly Services Company Profile

Kelly Services, Inc engages in staffing and workforce solutions. It operates through the following segments: Americas Staffing, Global Talent Solutions, and International Staffing. The Americas Staffing segment delivers temporary staffing, as well as direct-hire placement services, in a number of specialty staffing services, including office, education, marketing, electronic assembly, light industrial, science, engineering, and information technology in United States, Puerto Rico, Canada, Mexico and Brazil.