Kelly Services (NASDAQ:KELYA) Issues Quarterly Earnings Results, Beats Expectations By $0.19 EPS

Kelly Services (NASDAQ:KELYA) released its quarterly earnings results on Thursday. The business services provider reported $0.37 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.18 by $0.19, FiscalAI reports. Kelly Services had a positive return on equity of 2.69% and a negative net margin of 6.73%.The business had revenue of $1.04 billion during the quarter, compared to the consensus estimate of $1.01 billion. During the same period in the previous year, the company posted $0.52 EPS.

Kelly Services Price Performance

NASDAQ KELYA traded down $0.43 during midday trading on Friday, hitting $15.19. The company had a trading volume of 341,588 shares, compared to its average volume of 357,639. The firm has a 50-day moving average price of $13.37 and a 200-day moving average price of $10.94. The company has a market capitalization of $526.64 million, a PE ratio of -1.94, a P/E/G ratio of 1.15 and a beta of 0.83. The company has a current ratio of 1.50, a quick ratio of 1.59 and a debt-to-equity ratio of 0.08. Kelly Services has a twelve month low of $7.98 and a twelve month high of $17.75.

Kelly Services Dividend Announcement

The business also recently disclosed a quarterly dividend, which will be paid on Wednesday, September 2nd. Shareholders of record on Wednesday, August 19th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.30 annualized dividend and a yield of 2.0%. Kelly Services’s payout ratio is currently -3.95%.

Wall Street Analysts Forecast Growth

A number of equities research analysts have recently weighed in on the company. Barrington Research reissued an “outperform” rating on shares of Kelly Services in a report on Monday, June 29th. Zacks Research upgraded shares of Kelly Services from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Weiss Ratings lowered shares of Kelly Services from a “sell (d)” rating to a “sell (d-)” rating in a research report on Monday, May 11th. Two investment analysts have rated the stock with a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Kelly Services currently has a consensus rating of “Hold” and an average price target of $15.00.

Insider Activity

In other news, EVP Vanessa Peterson Williams sold 29,999 shares of the stock in a transaction on Thursday, May 14th. The stock was sold at an average price of $9.78, for a total transaction of $293,390.22. Following the sale, the executive vice president directly owned 82,355 shares of the company’s stock, valued at approximately $805,431.90. This represents a 26.70% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Company insiders own 5.40% of the company’s stock.

Institutional Investors Weigh In On Kelly Services

Several institutional investors and hedge funds have recently bought and sold shares of the company. Quarry LP increased its holdings in Kelly Services by 173.2% in the 3rd quarter. Quarry LP now owns 1,970 shares of the business services provider’s stock valued at $26,000 after buying an additional 1,249 shares during the period. CANADA LIFE ASSURANCE Co bought a new stake in shares of Kelly Services during the 4th quarter worth approximately $30,000. Meeder Asset Management Inc. bought a new stake in shares of Kelly Services during the 4th quarter worth approximately $42,000. Tower Research Capital LLC TRC boosted its position in shares of Kelly Services by 83.5% during the 2nd quarter. Tower Research Capital LLC TRC now owns 4,324 shares of the business services provider’s stock worth $51,000 after acquiring an additional 1,967 shares in the last quarter. Finally, Police & Firemen s Retirement System of New Jersey boosted its position in shares of Kelly Services by 14.7% during the 4th quarter. Police & Firemen s Retirement System of New Jersey now owns 10,706 shares of the business services provider’s stock worth $94,000 after acquiring an additional 1,369 shares in the last quarter. Institutional investors own 76.34% of the company’s stock.

More Kelly Services News

Here are the key news stories impacting Kelly Services this week:

• Positive Sentiment: Second-quarter results exceeded expectations. Kelly reported adjusted earnings of $0.37 per share, above analyst estimates ranging from $0.18 to $0.24, while revenue of $1.04 billion surpassed the $1.01 billion consensus. The earnings beat provides a positive catalyst for the stock. Kelly Services Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Kelly maintained its quarterly dividend. Shareholders of record on August 19 will receive $0.075 per share on September 2, equivalent to $0.30 annually and a yield of approximately 1.9%. The dividend supports the stock’s income appeal.
• Neutral Sentiment: Management issued third-quarter revenue guidance of $916.3 million to $935.0 million. The midpoint of approximately $925.7 million is close to, but slightly below, the $929.3 million analyst consensus, suggesting broadly stable expectations but limited near-term upside from revenue growth.
• Negative Sentiment: Profitability weakened compared with last year. Second-quarter EPS declined from $0.52 in the prior-year period to $0.37, despite the estimate beat. Kelly also continued to report a negative net margin, which may be weighing on investor sentiment and offsetting the headline earnings surprise. Kelly Reports Second-Quarter 2026 Earnings

About Kelly Services

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.