Kelly Services Shares Rise After Higher Q1 Revenue Meets Expectations

MT Newswires Live
09 May

Kelly Services (KELYA) shares were up over 7% in recent Thursday trading after the company reported Q1 results, with revenue increasing year-over-year that matched analyst expectations.

Q1 adjusted net earnings per share fell to $0.39 from $0.56 a year earlier. Four analysts surveyed by FactSet expected $0.53.

Revenue for the quarter ended March 30 increased to $1.16 billion from $1.05 billion a year earlier.

Three analysts polled by FactSet expected $1.16 billion.

The company maintained its quarterly dividend at $0.075 per share, payable June 3 to stockholders of record May 19.

Price: 12.21, Change: +0.82, Percent Change: +7.16

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