Price Crosses Moving Average
|Bid||15.00 x 1000|
|Ask||15.03 x 1800|
|Day's Range||14.65 - 15.13|
|52 Week Range||10.13 - 28.91|
|Beta (5Y Monthly)||1.09|
|PE Ratio (TTM)||N/A|
|Earnings Date||Aug 05, 2020 - Aug 10, 2020|
|Forward Dividend & Yield||N/A (N/A)|
|Ex-Dividend Date||Feb 21, 2020|
|1y Target Est||23.33|
TROY, Mich., July 01, 2020 -- KellyOCG®, the outsourcing and consulting group of Kelly, has announced the recipients of its eighth annual Supplier Excellence Awards..
The latest 13F reporting period has come and gone, and Insider Monkey is again at the forefront when it comes to making use of this gold mine of data. We at Insider Monkey have plowed through 821 13F filings that hedge funds and well-known value investors are required to file by the SEC. The 13F […]
The global health crisis has forced companies of all sizes to re-examine how they operate, innovate and compete. To assist companies, Kelly, a global provider of workforce solutions, has released a Redefining Work playbook. From innovative office space planning to flexible workforce scheduling and remote talent engagement, the playbook offers practical solutions to prepare companies as they navigate the challenges of the "new" workplace.
Prior to the COVID-19 pandemic, U.S. schools were able to fill just 54 percent of the approximately 250,000 teacher absences each day. As many schools reopen in the fall, they will face a growing number of teacher absences due to the pandemic, exacerbating the teacher shortage. Twelve percent of teachers say the pandemic may lead them to leave the profession even though they were not planning to do so before the crisis.
Kelly, a global leader in providing workforce solutions, today announced the appointment of the company’s five specialty business leaders and a chief administrative officer. Earlier this year, Peter Quigley, Kelly president and chief executive officer, unveiled the company’s strategy to accelerate growth as a specialty talent solutions provider. “The leadership team we’re announcing today sets Kelly on a clear path to becoming a specialty talent solutions company that accelerates profitable growth, is a career partner for key talent, and delivers differentiated value to our clients,” said Quigley.
TROY, Mich., May 14, 2020 -- Kelly (Nasdaq: KELYA) (Nasdaq: KELYB), a leading specialty talent solutions provider, today announced it will participate in the Barrington.
With me on the call is Olivier Thirot, our CFO. Then Olivier will walk us through highlights of our quarterly performance, including the impact of COVID-19 and the goodwill impairment we announced in this morning's release which was triggered by the stock market's response to the crisis.
Shares of Kelly Services (NASDAQ:KELYA) remained unaffected at $15.27 after the company reported Q1 results.Quarterly Results Earnings per share decreased 50.00% over the past year to $0.20, which missed the estimate of $0.31.Revenue of $1,261,000,000 less by 8.82% from the same period last year, which missed the estimate of $1,310,000,000.Looking Ahead Kelly Services hasn't issued any earnings guidance for the time being.Kelly Services hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: May 04, 2020View more earnings on KELYATime: 05:04 PM ETWebcast URL: https://edge.media-server.com/mmc/p/npu8dodnRecent Stock Performance 52-week high: $28.9152-week low: $10.13Price action over last quarter: down 24.37%Company Overview Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company's operations are divided into three business segments namely Americas Staffing, Global Talent Solutions ("GTS") and International Staffing. It provides staffing solutions through its branch networks in Americas and International operations and also provides a suite of innovative talent fulfilment and outcome-based solutions through GTS segment. Americas Staffing generates maximum revenue from its operations.See more from Benzinga * PetMed Express: Q4 Earnings Insights * Ferrari: Q1 Earnings Insights * Recap: Customers Bancorp Q1 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Financial Highlights Q1 revenue down 8.8%; 2.7% of the decline due to estimated impact of COVID-19 crisis Q1 operating earnings decline on $147.7 million non-cash goodwill.
Kelly Services, Inc., (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced the launch of its Human Cloud platform aggregator, a first-of-its-kind solution that delivers a curated pipeline of highly skilled, niche talent through one easy-to-use interface. Launch partners include freelance work platforms Business Talent Group (BTG), Toptal, The Mom Project and 99designs. The Kelly Human Cloud uses a company’s pre-existing Managed Service Provider (MSP) to integrate with freelance work platforms.
Kelly Services Inc. said it was taking several actions in response to labor market disruptions caused by the COVID-19 pandemic, including furloughing and redeployment of some employees, suspending its dividend, cutting pay for full-time salaried employees and senior management by 10% and suspending its 401(k) match. The company said its board supported a draw-down from the company's credit facility. Shares of job placement company dropped 7.1% in morning trading. Among some of its staffing services peers, shares of ManpowerGroup gave up 4.8% and Robert Half International Inc. lost 3.8%. Kelly had most-recently paid a quarterly dividend of 7.5 cents a share in February. "In light of the current uncertain environment, we took additional precautionary actions to further strengthen our balance sheet and enhance our financial flexibility," said Chief Executive Peter Quigley. "While certainly painful, some shared sacrifice now will provide us the opportunity to remain strong and well-positioned coming out of this crisis." Kelly's stock has plunged 40.2% over the past three months, while the S&P 500 has declined 15.9%.
Kelly Services, Inc. (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced its first quarter conference call and logistic changes to the company’s annual meeting. The news is announced as the company takes multiple steps to respond to the unprecedented COVID-19 pandemic including compensation action, temporary furloughs and redeployment. While the current crisis presents extraordinary conditions for the company and the industry, Kelly remains confident in its ability to adapt as we have over the past 74 years of operations.
In recognition of this need, Kelly Education, a leading provider of teaching talent, has stepped in to help families by connecting them to a talented pool of teachers serving as virtual tutors. Kelly is making this possible through a unique partnership with Moonlighting, a leading freelance platform focused on helping independent workers. While helping parents find much-needed instructional support, the partnership will also help Kelly Education teachers earn income while schools remain closed.
Kelly Services Inc. (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced the hiring of D. Hugo Malan as Senior Vice President and President of the STEM specialty business being formed as part of Kelly’s new structure announced in February by President and Chief Executive Officer Peter Quigley. With approximately 20 years of wide-ranging business leadership experience, Malan brings a fresh perspective to Kelly as the company accelerates its transformation into a leading specialty talent solutions provider. Malan will have overall responsibility for Kelly’s Science, Engineering and IT business portfolios and related product offerings while driving strategy and seamless execution of all aspects of the STEM business.
Kelly Services (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced it will be participating in the STRH Technology, Internet & Services Conference on March 10 and 11, 2020. Olivier Thirot, executive vice president and chief financial officer, and James Polehna, senior vice president and corporate secretary, will be participating in one-on-one meetings.
Financial Highlights Q4 revenue down 5.4%; down 5.2% in constant currencyQ4 operating earnings of $13.1 million, including a $15.8 million asset impairment charge, compared to.
Kelly Services (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced it will be presenting at NobleCon16, Noble Capital Markets’ Sixteenth Annual Investor Conference, on Monday, February 17, 2020. The presentation will be held at the Hard Rock Hotel & Casino in Hollywood, Florida, and will begin at 4:30 p.m. EST. Peter Quigley, president and CEO, and Olivier Thirot, executive vice president and chief financial officer, will review the company’s strategy and performance.
Kelly Services Inc. (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, today announced the appointment of Tim Dupree to the newly created position of Senior Vice President and Chief Growth Officer (CGO). Dupree is responsible for driving all aspects of enhancing and executing Kelly’s long-term growth strategy; facilitating growth-focused collaboration across the company; and developing metrics and accountability mechanisms to ensure Kelly’s teams prioritize and deliver on growth mandates and expectations. Dupree will work with business leaders across the enterprise to accelerate Kelly’s transition to a specialty talent company – a transition that Quigley has made a top priority since assuming the CEO role last October.
Kelly Services (Nasdaq: KELYA, KELYB), a global leader in providing workforce solutions, will release its fourth quarter and full year earnings before the market opens on Thursday, February 13, 2020.
Kelly Services (Nasdaq: KELYA, KELYB) today announced the acquisition of Insight, an education service staffing company with experience in partnering with school districts in Illinois, Massachusetts, New Jersey and Pennsylvania. The acquisition further expands Kelly's leadership position in the education workforce solutions industry, where Kelly Education is ranked the top provider across the U.S., filling nearly four million PreK-12 classrooms every school year. Insight, headquartered in Cherry Hill, New Jersey, with its current staff will merge with Kelly Education.
KellyOCG®, the outsourcing and consulting group of Kelly Services, today announced a strategic expansion of its Vendor Management System (VMS) partner relationships with the addition of Simplify Workforce to integrate its cloud-based VMS platform, SimplifyVMS into Kelly’s Managed Service Provider (MSP) and Master Vendor (MV) solution offerings. Simplify Workforce is a leading global technology company operating in the contingent workforce and service procurement market.