Kelly Services (KELYB) Expected to Post Quarterly Earnings on Thursday

Kelly Services (NASDAQ:KELYB) is expected to issue its results before the market opens on Thursday, November 5th. Analysts expect Kelly Services to post earnings of $0.0650 per share and revenue of $925.87 million for the quarter.

Kelly Services (NASDAQ:KELYB) last released its earnings results on Thursday, August 6th. The business services provider reported $0.37 EPS for the quarter, beating the consensus estimate of $0.18 by $0.19. The company had revenue of $1.04 billion for the quarter, compared to analyst estimates of $1.01 billion. Kelly Services had a negative net margin of 6.73% and a positive return on equity of 2.69%.

Kelly Services Price Performance

Shares of NASDAQ:KELYB opened at $26.86 on Wednesday. The stock has a market cap of $933.02 million, a PE ratio of 36.00 and a beta of 0.88. The company’s fifty day moving average is $23.52 and its 200 day moving average is $19.24. Kelly Services has a 52 week low of $8.38 and a 52 week high of $125.00. The company has a quick ratio of 1.50, a current ratio of 1.50 and a debt-to-equity ratio of 0.08.

Analyst Ratings Changes

Separately, Weiss Ratings upgraded shares of Kelly Services from a “sell (d)” rating to a “hold (c-)” rating in a research report on Friday, October 16th. One investment analyst has rated the stock with a Hold rating. Based on data from MarketBeat.com, Kelly Services presently has an average rating of “Hold”.

Kelly Services Company Profile

Kelly Services, Inc (NASDAQ: KELYB) is a workforce solutions and staffing company that connects employers with talent across a range of industries and skill levels. Its services include temporary and contract staffing, direct-hire and permanent placement, recruitment process outsourcing, and workforce management solutions.

The company serves organizations through specialized offerings for professional and technical roles, science and engineering, education, office and administrative functions, industrial positions, and other workforce categories.