Kelly Services Inc reports results for the quarter ended December 31 - Earnings Summary

• Kelly Services Inc KELYA.OQ reported quarterly adjusted earnings of 82 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 93 cents. The mean expectation of four analysts for the quarter was for earnings of 46 cents per share. Wall Street expected results to range from 32 cents to 52 cents per share.

• Revenue fell 3.3% to $1.19 billion from a year ago; analysts expected $1.15 billion.

• Kelly Services Inc's reported EPS for the quarter was a loss of 90 cents​.

• The company reported a quarterly loss of $31.8 million.

• Kelly Services Inc shares had fallen by 4.7% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts had fallen by about 11.5% in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 2 "strong buy" or "buy," 1 "hold" and no "sell" or "strong sell."

• The average consensus recommendation for the employment services peer group is also "buy"

Wall Street's median 12-month price target for Kelly Services Inc is $27.00

This summary was machine generated from LSEG data February 13 at 02:31 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)