Equities analysts expect Kelly Services, Inc. Class A (NASDAQ:KELYA) to post earnings per share (EPS) of $0.35 for the current quarter, Zacks reports. Zero analysts have made estimates for Kelly Services, Inc. Class A’s earnings. Kelly Services, Inc. Class A posted earnings per share of $0.58 in the same quarter last year, which would indicate a negative year over year growth rate of 39.7%. The firm is scheduled to announce its next earnings report on Wednesday, November 14th.

On average, analysts expect that Kelly Services, Inc. Class A will report full-year earnings of $2.10 per share for the current year. For the next fiscal year, analysts forecast that the company will report earnings of $2.50 per share. Zacks’ earnings per share averages are an average based on a survey of research analysts that follow Kelly Services, Inc. Class A.

Kelly Services, Inc. Class A (NASDAQ:KELYA) last announced its earnings results on Wednesday, August 8th. The business services provider reported $0.54 EPS for the quarter, beating analysts’ consensus estimates of $0.43 by $0.11. The business had revenue of $1.39 billion for the quarter, compared to analysts’ expectations of $1.41 billion. Kelly Services, Inc. Class A had a net margin of 0.99% and a return on equity of 7.62%. The company’s quarterly revenue was up 4.0% on a year-over-year basis. During the same period in the previous year, the company posted $0.47 EPS.

Several equities analysts have issued reports on KELYA shares. BidaskClub raised shares of Kelly Services, Inc. Class A from a “hold” rating to a “buy” rating in a research note on Tuesday, August 28th. Sidoti started coverage on shares of Kelly Services, Inc. Class A in a research note on Friday, August 24th. They issued a “buy” rating and a $37.00 price objective on the stock. Northcoast Research raised shares of Kelly Services, Inc. Class A from a “neutral” rating to a “buy” rating in a research note on Friday, June 1st. ValuEngine raised shares of Kelly Services, Inc. Class A from a “sell” rating to a “hold” rating in a research note on Wednesday, June 13th. Finally, Zacks Investment Research raised shares of Kelly Services, Inc. Class A from a “sell” rating to a “hold” rating in a research note on Tuesday, July 24th. Three research analysts have rated the stock with a hold rating and two have given a buy rating to the company’s stock. Kelly Services, Inc. Class A has a consensus rating of “Hold” and a consensus target price of $34.50.

Several large investors have recently bought and sold shares of KELYA. Federated Investors Inc. PA boosted its position in shares of Kelly Services, Inc. Class A by 2,180.0% in the 1st quarter. Federated Investors Inc. PA now owns 3,534 shares of the business services provider’s stock worth $103,000 after buying an additional 3,379 shares in the last quarter. Sei Investments Co. boosted its position in shares of Kelly Services, Inc. Class A by 384.8% in the 2nd quarter. Sei Investments Co. now owns 5,759 shares of the business services provider’s stock worth $129,000 after buying an additional 4,571 shares in the last quarter. Piedmont Investment Advisors LLC purchased a new stake in shares of Kelly Services, Inc. Class A in the 2nd quarter worth about $161,000. Itau Unibanco Holding S.A. purchased a new stake in shares of Kelly Services, Inc. Class A in the 2nd quarter worth about $186,000. Finally, Paloma Partners Management Co purchased a new stake in shares of Kelly Services, Inc. Class A in the 2nd quarter worth about $219,000. 67.02% of the stock is currently owned by institutional investors and hedge funds.

KELYA traded up $0.30 during trading on Friday, hitting $24.94. The stock had a trading volume of 5,539 shares, compared to its average volume of 126,515. The stock has a market capitalization of $942.14 million, a P/E ratio of 11.20 and a beta of 0.89. Kelly Services, Inc. Class A has a twelve month low of $21.44 and a twelve month high of $32.31.

The business also recently declared a quarterly dividend, which was paid on Friday, August 31st. Stockholders of record on Tuesday, August 21st were paid a dividend of $0.075 per share. The ex-dividend date of this dividend was Monday, August 20th. This represents a $0.30 dividend on an annualized basis and a dividend yield of 1.20%. Kelly Services, Inc. Class A’s dividend payout ratio (DPR) is presently 13.64%.

About Kelly Services, Inc. Class A

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.

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