KELYA Stock Recent News

Despite the roaring market and economy, the magnitude of plastic debt forces an uncomfortable and cynical discussion: stocks benefiting from credit card delinquencies. Last year, Americans' collective plastic balance reached past the $1 trillion level.

Kelly Services (KELYA) came out with quarterly earnings of $0.93 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.18 per share a year ago.

TROY, Mich., Feb. 01, 2024 (GLOBE NEWSWIRE) -- Kelly , a leading global specialty talent solutions provider, will release its fourth-quarter earnings before the market opens on Thursday, February 15, 2024.

The primary argument for a labor market rebound is that the recession of 2023 hasn't emerged as planned. In typical fashion, many economists and market analysts are simply kicking the can down the road and calling for a recession sometime in 2024.

Kelly Services, Inc. (NASDAQ:KELYA ) Q3 2023 Earnings Conference Call November 9, 2023 9:00 AM ET Company Participants Peter Quigley - President & Chief Executive Officer Olivier Thirot - Chief Financial Officer Conference Call Participants Kevin Steinke - Barrington Research Kartik Mehta - Northcoast Research Marc Riddick - Sidoti Operator Good morning and welcome to Kelly Services Third Quarter Earnings Conference Call. All parties will be on listen-only until the question-and-answer portion of the presentation.

Kelly Services, Inc. is a $660-million market cap firm that offers workforce solutions across various industries. Kelly Services reported a decrease in revenue and gross profit in Q2 2023, with declines in most segments. The company expects flat or slightly increased revenue in the second half of FY2023 but faces challenges in the labor market.

Although the Federal Reserve remains committed to an aggressively hawkish monetary policy for now, that trajectory is not guaranteed to hold indefinitely. That fact bodes well for certain stocks to buy for interest rate cuts.

Kelly Services, Inc. (NASDAQ:KELYA ) Q2 2023 Earnings Conference Call August 10, 2023 9:00 AM ET Company Participants Peter Quigley - President and CEO Olivier Thirot - CFO Conference Call Participants Kartik Mehta - Northcoast Research Joe Gomes - Noble Capital Kevin Steinke - Barrington Research Mitra Ramgopal - Sidoti Operator Good morning and welcome to Kelly Services' Second Quarter Earnings Conference Call. All parties will be in a listen-only mode until the question-and-answer session of the call.

Kelly Services (KELYA) came out with quarterly earnings of $0.36 per share, missing the Zacks Consensus Estimate of $0.39 per share. This compares to earnings of $0.45 per share a year ago.

Kelly Services Inc. KELYA, +1.44% said Thursday it's implementing a workforce reduction plan for an undisclosed number of workers in a move described by CEO Peter Quigley as “difficult but necessary.” Kelly Services said it will take a restructuring charge of up to $8.5 million in the third quarter.