Kelly Services (NASDAQ:KELYB) announced its quarterly earnings results on Wednesday. The business services provider reported $0.56 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $0.38 by $0.18, MarketWatch Earnings reports. The firm had revenue of $1.34 billion for the quarter. Kelly Services had a net margin of 0.99% and a return on equity of 7.62%. During the same period in the previous year, the business earned $0.58 EPS.
Shares of NASDAQ KELYB remained flat at $$23.40 during trading on Thursday. 35 shares of the stock were exchanged, compared to its average volume of 64. The stock has a market cap of $907.99 million, a P/E ratio of 10.45 and a beta of 0.60. Kelly Services has a 12-month low of $21.50 and a 12-month high of $34.30.
ILLEGAL ACTIVITY NOTICE: “Kelly Services (KELYB) Posts Earnings Results, Beats Expectations By $0.18 EPS” was originally reported by The Lincolnian Online and is the property of of The Lincolnian Online. If you are reading this article on another website, it was copied illegally and republished in violation of U.S. and international copyright legislation. The original version of this article can be accessed at https://www.thelincolnianonline.com/2018/11/08/kelly-services-kelyb-posts-earnings-results-beats-expectations-by-0-18-eps.html.
Kelly Services Company Profile
Kelly Services, Inc, together with its subsidiaries, provides workforce solutions to various industries worldwide. The company operates through three segments: Americas Staffing, Global Talent Solutions (GTS), and International Staffing. It provides trained employees for data entry, clerical, and administrative support roles across various industries; schools with instructional and non-instructional employees; support staff for seminars, sales, and trade shows; assemblers, quality control inspectors, and technicians for electronic assembly; maintenance workers, material handlers, and assemblers for light industrial works; scientists, and scientific and clinical research workforce solutions; engineering professionals across various disciplines, including aeronautical, chemical, civil/structural, electrical/instrumentation, environmental, industrial, mechanical, petroleum, pharmaceutical, quality, and telecommunications.
Featured Story: Hedge Funds – Risk or Reward?
Receive News & Ratings for Kelly Services Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Kelly Services and related companies with MarketBeat.com's FREE daily email newsletter.