Recap: Kelly Services Q1 Earnings

Kelly Services (NASDAQ:KELYA) reported its Q1 earnings results on Thursday, May 11, 2023 at 07:40 AM. Here’s what…

Kelly Services (NASDAQ:KELYA) reported its Q1 earnings results on Thursday, May 11, 2023 at 07:40 AM.

Here’s what investors need to know about the announcement.

Earnings

Kelly Services beat estimated earnings by 33.33%, reporting an EPS of $0.4 versus an estimate of $0.3.

Revenue was down $28.00 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.12 which was followed by a 3.93% increase in the share price the next day.

Here’s a look at Kelly Services’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.30 0.26 0.51 0.25
EPS Actual 0.18 0.25 0.45 0.46
Revenue Estimate 1.25B 1.21B 1.28B 1.26B
Revenue Actual 1.23B 1.17B 1.27B 1.30B

To track all earnings releases for Kelly Services visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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