Q2 Earnings Outlook For Kelly Services
Kelly Services (NASDAQ: KELYA) announces its next round of earnings Wednesday. Here is Benzinga's everything-that-matters guide for the Q2 earnings announcement.
Earnings and Revenue
Kelly Services EPS will likely be near 43 cents while revenue will be around $1.41 billion, according to analysts.
Kelly Services earnings in the same period a year ago was 47 cents. Quarterly sales came in at $1.33 billion. If the company were to match the consensus estimate when it reports Wednesday, EPS would have fallen 8.51 percent. Revenue would be up 5.70 percent from the same quarter last year. Here's how the company's reported EPS has compared to analyst estimates in the past:
Quarter | Q1 2018 | Q4 2017 | Q3 2017 | Q2 2017 |
EPS Estimate | 0.42 | 0.62 | 0.31 | 0.23 |
EPS Actual | 0.32 | 0.8 | 0.58 | 0.47 |
Stock Performance
Over the last 52-week period, shares of Kelly Services are up 9.76 percent. Analysts have adjusted their estimates lower for EPS and revenues over the past 90 days. Analysts have been rating Kelly Services stock as Sell. The strength of this rating has dwindled over the past three months.
Conference Call
Kelly Services' Q2 conference call is scheduled to begin at 2:00 p.m. ET and can be accessed here: https://edge.media-server.com/m6/p/bnef8gtj
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