Kelly Services (KELYA) came out with quarterly earnings of $0.71 per share, beating the Zacks Consensus Estimate of $0.53 per share. This compares to earnings of $0.36 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of 33.96%. A quarter ago, it was expected that this staffing company would post earnings of $0.46 per share when it actually produced earnings of $0.56, delivering a surprise of 21.74%. Over the last four quarters, t ...

Exhibit 99.1 Kelly Reports Second-Quarter 2024 Earnings • Q2 operating earnings of $12.2 million; $28.1 million on an adjusted basis, up 95% • Q2 revenue down following sale of European staffing operations; up 0.6% on an organic basis • Q2 adjusted EBITDA margin increased 170 basis points to 3.7% driven by meaningful reduction in operating expenses resulting from business transformation initiatives and sale of European staffing operations • Company expects further expansion of EBITDA margin from the May 31, ...

Q2 operating earnings of $12.2 million; $28.1 million on an adjusted basis, up 95% Q2 revenue down following sale of European staffing operations; up 0.6% on an organic basis Q2 adjusted EBITDA margin increased 170 basis points to 3.7% driven by meaningful reduction in operating expenses resulting from business transformation initiatives and sale of European staffing operations Company expects further expansion of EBITDA margin from the May 31, 2024 acquisition of Motion Recruitment Partners, LLC ("MRP") TR ...

Q2 operating earnings of $12.2 million; $28.1 million on an adjusted basis, up 95% Q2 revenue down following sale of European staffing operations; up 0.6% on an organic basis Q2 adjusted EBITDA margin increased 170 basis points to 3.7% driven by meaningful reduction in operating expenses resulting from business transformation initiatives and sale of European staffing operations Company expects further expansion of EBITDA margin from the May 31, 2024 acquisition of Motion Recruitment Partners, LLC ("MRP") TR ...

Company Participation in Investor Conference - Kelly will participate in the Sidoti Virtual Investor Conference on August 14, 2024 [1] - Key executives including the president, CEO, CFO, and head of investor relations will engage in one-on-one meetings [2] - The investor presentation is available on the company's website [2] Company Overview - Kelly Services is a global specialty talent solutions provider, helping companies recruit and manage skilled workers while assisting job seekers in finding employment [3] - The company invented the staffing industry in 1946 and has since become an expert in various industries and markets [3] - Kelly connects over 500,000 people with work annually through a global network of suppliers and partners [3] - The company offers outsourcing and consulting services to ensure businesses have the right talent when and where needed [3] - Headquartered in Troy, Michigan, Kelly operates in industries such as science, engineering, technology, education, manufacturing, retail, finance, and energy [3] - Revenue for 2023 was $4.8 billion [3] Contact Information - Scott Thomas is the primary contact for analysts and media, reachable at (248) 251-7264 or scott.thomas@kellyservices.com [4]

TROY, Mich., Aug. 07, 2024 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA, KELYB), a leading global specialty talent solutions provider, today announced it will participate in the Sidoti Virtual Investor Conference on Wednesday, August 14, 2024. Peter Quigley, president and chief executive officer, Olivier Thirot, executive vice president and chief financial officer, and Scott Thomas, head of investor relations, will participate in one-on-one meetings. Kelly's investor presentation is available on the company's w ...

The call may be accessed in one of the following ways: About Kelly Via the telephone: (877) 692-8955 (toll free) or (234) 720-6979 (caller paid) Enter access code 5728672 After the prompt, please enter "#" KLYA-FIN TROY, Mich., July 25, 2024 (GLOBE NEWSWIRE) -- Kelly, a leading global specialty talent solutions provider, will release its second-quarter earnings before the market opens on Thursday, August 8, 2024. In conjunction with its second-quarter earnings release, Kelly will publish a financial present ...

Via the internet: kellyservices.com A recording of the conference call will be available after 1:30 p.m. ET on August 8, 2024, at (866) 207-1041 (toll-free) and (402) 970-0847 (caller-paid). The access code is 2784290#. The recording will also be available at kellyservices.com during this period. Kelly Services, Inc. (Nasdaq: KELYA, KELYB) helps companies recruit and manage skilled workers and helps job seekers find great work. Since inventing the staffing industry in 1946, we have become experts in the man ...

While the consensus price target is a much-coveted metric for investors, solely banking on this metric to make an investment decision may not be wise at all. That's because the ability and unbiasedness of analysts in setting price targets have long been questionable. While Wall Street analysts have deep knowledge of a company's fundamentals and the sensitivity of its business to economic and industry issues, many of them tend to set overly optimistic price targets. Are you wondering why? There has been incr ...

This staffing company has seen a nice streak of beating earnings estimates, especially when looking at the previous two reports. The average surprise for the last two quarters was 45.42%. Price and EPS Surprise Our research shows that stocks with the combination of a positive Earnings ESP and a Zacks Rank #3 (Hold) or better produce a positive surprise nearly 70% of the time. In other words, if you have 10 stocks with this combination, the number of stocks that beat the consensus estimate could be as high a ...