On Wednesday, August 7, Kelly Services KELYA will release its latest earnings report. Check out Benzinga's preview to understand the implications.
Earnings and Revenue
Wall Street analysts see Kelly Services reporting earnings of 56 cents per share on sales of $1.42 billion.
Kelly Services reported a per-share profit of 54 cents when it published results during the same quarter last year. Sales in that period totaled $1.39 billion. If the company were to match the consensus estimate when it reports Wednesday, EPS would be up 3.70%. Revenue would be have grown 2.38% from the same quarter last year. Kelly Services's reported EPS has stacked up against analyst estimates in the past like this:
Quarter | Q1 2019 | Q4 2018 | Q3 2018 | Q2 2018 |
EPS Estimate | 0.280 | 0.82 | 0.38 | 0.43 |
EPS Actual | 0.400 | 0.87 | 0.56 | 0.54 |
Stock Performance
Over the last 52-week period, shares of Kelly Services are up 10.82%. Analyst estimates are adjusted higher for EPS and revenues over the past 90 days. The popular rating by analysts on Kelly Services stock is a Sell. The strength of this rating has dwindled over the past 90 days.
Conference Call
Kelly Services is scheduled to hold a conference call at 2:00 p.m. ET and it can be accessed here: https://edge.media-server.com/mmc/p/annsx3i3
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.