Kelly Services (KELYB) to Post Earnings on Thursday

Kelly Services (NASDAQ:KELYB) is expected to be announcing its results before the market opens on Thursday, August 6th. Analysts expect Kelly Services to post earnings of $0.1850 per share and revenue of $1.0093 billion for the quarter.

Kelly Services (NASDAQ:KELYB) last released its earnings results on Thursday, May 7th. The business services provider reported $0.03 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.03). The firm had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.02 billion. Kelly Services had a negative net margin of 6.44% and a positive return on equity of 3.07%.

Kelly Services Trading Down 0.8%

Shares of Kelly Services stock opened at $22.99 on Thursday. Kelly Services has a fifty-two week low of $8.38 and a fifty-two week high of $125.00. The company has a debt-to-equity ratio of 0.13, a quick ratio of 1.59 and a current ratio of 1.59. The company has a market capitalization of $797.06 million, a P/E ratio of -3.02 and a beta of 0.81. The company has a fifty day moving average of $20.66 and a 200 day moving average of $16.97.

Kelly Services Dividend Announcement

The firm also recently disclosed a quarterly dividend, which was paid on Tuesday, June 2nd. Stockholders of record on Monday, May 18th were given a $0.075 dividend. This represents a $0.30 annualized dividend and a dividend yield of 1.3%. The ex-dividend date was Monday, May 18th. Kelly Services’s payout ratio is presently -3.95%.

Analysts Set New Price Targets

Separately, Weiss Ratings lowered Kelly Services from a “sell (d)” rating to a “sell (d-)” rating in a research note on Monday, May 11th. One analyst has rated the stock with a Sell rating, According to MarketBeat.com, Kelly Services currently has a consensus 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.