Kelly Services (NASDAQ:KELYA) Announces Quarterly Earnings Results

Kelly Services (NASDAQ:KELYA) released its earnings results on Thursday. The business services provider reported $0.37 EPS for the quarter, topping analysts’ consensus estimates of $0.18 by $0.19, FiscalAI reports. The company had revenue of $1.04 billion for the quarter, compared to analysts’ expectations of $1.01 billion. Kelly Services had a positive return on equity of 2.69% and a negative net margin of 6.73%.During the same period in the previous year, the business posted $0.52 EPS.

Kelly Services Price Performance

Shares of KELYA stock traded down $0.43 on Friday, reaching $15.19. The company’s stock had a trading volume of 341,588 shares, compared to its average volume of 357,639. The company has a quick ratio of 1.59, a current ratio of 1.50 and a debt-to-equity ratio of 0.08. Kelly Services has a 12-month low of $7.98 and a 12-month high of $17.75. The company has a market capitalization of $526.64 million, a P/E ratio of -1.94, a PEG ratio of 1.15 and a beta of 0.83. The stock’s 50 day simple moving average is $13.37 and its 200-day simple moving average is $10.94.

Kelly Services Announces Dividend

The company also recently declared a quarterly dividend, which will be paid on Wednesday, September 2nd. Stockholders of record on Wednesday, August 19th will be issued a $0.075 dividend. The ex-dividend date of this dividend is Wednesday, August 19th. This represents a $0.30 annualized dividend and a dividend yield of 2.0%. Kelly Services’s dividend payout ratio is presently -3.95%.

Insider Buying and Selling

In related news, EVP Vanessa Peterson Williams sold 29,999 shares of the business’s stock in a transaction dated Thursday, May 14th. The stock was sold at an average price of $9.78, for a total transaction of $293,390.22. Following the completion of the transaction, the executive vice president directly owned 82,355 shares in the company, valued at $805,431.90. The trade was a 26.70% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. 5.40% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of KELYA. Private Management Group Inc. boosted its position in shares of Kelly Services by 101.8% in the 4th quarter. Private Management Group Inc. now owns 1,268,649 shares of the business services provider’s stock worth $11,164,000 after purchasing an additional 640,076 shares in the last quarter. Charles Schwab Investment Management Inc. boosted its holdings in Kelly Services by 39.9% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 1,908,900 shares of the business services provider’s stock worth $16,798,000 after acquiring an additional 544,309 shares in the last quarter. Millennium Management LLC grew its stake in shares of Kelly Services by 594.2% during the fourth quarter. Millennium Management LLC now owns 623,723 shares of the business services provider’s stock worth $5,489,000 after acquiring an additional 533,873 shares during the last quarter. JPMorgan Chase & Co. grew its stake in shares of Kelly Services by 1,328.6% during the third quarter. JPMorgan Chase & Co. now owns 412,211 shares of the business services provider’s stock worth $5,408,000 after acquiring an additional 383,357 shares during the last quarter. Finally, Bank of America Corp DE increased its holdings in shares of Kelly Services by 186.9% during the third quarter. Bank of America Corp DE now owns 482,702 shares of the business services provider’s stock valued at $6,333,000 after acquiring an additional 314,447 shares in the last quarter. Hedge funds and other institutional investors own 76.34% of the company’s stock.

More Kelly Services News

Here are the key news stories impacting Kelly Services this week:

• Positive Sentiment: Second-quarter results exceeded expectations. Kelly reported adjusted earnings of $0.37 per share, above analyst estimates ranging from $0.18 to $0.24, while revenue of $1.04 billion surpassed the $1.01 billion consensus. The earnings beat provides a positive catalyst for the stock. Kelly Services Q2 Earnings and Revenues Beat Estimates
• Positive Sentiment: Kelly maintained its quarterly dividend. Shareholders of record on August 19 will receive $0.075 per share on September 2, equivalent to $0.30 annually and a yield of approximately 1.9%. The dividend supports the stock’s income appeal.
• Neutral Sentiment: Management issued third-quarter revenue guidance of $916.3 million to $935.0 million. The midpoint of approximately $925.7 million is close to, but slightly below, the $929.3 million analyst consensus, suggesting broadly stable expectations but limited near-term upside from revenue growth.
• Negative Sentiment: Profitability weakened compared with last year. Second-quarter EPS declined from $0.52 in the prior-year period to $0.37, despite the estimate beat. Kelly also continued to report a negative net margin, which may be weighing on investor sentiment and offsetting the headline earnings surprise. Kelly Reports Second-Quarter 2026 Earnings

Wall Street Analyst Weigh In

Several equities analysts have weighed in on the company. Weiss Ratings lowered Kelly Services from a “sell (d)” rating to a “sell (d-)” rating in a report on Monday, May 11th. Zacks Research upgraded Kelly Services from a “strong sell” rating to a “hold” rating in a research note on Monday, April 20th. Finally, Barrington Research reiterated an “outperform” rating on shares of Kelly Services in a research note on Monday, June 29th. Two research analysts have rated the stock with a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Hold” and a consensus price target of $15.00.

Kelly Services Company Profile

Kelly Services, Inc is a global workforce solutions provider specializing in talent acquisition and staffing services across a wide range of industries. The company offers temporary staffing, permanent placement, outsourcing solutions, and consulting services to help organizations address their workforce needs. Its service offerings are designed to support clients in areas such as administrative support, information technology, engineering, science, education, healthcare, and industrial sectors.

Founded in 1946 by William Russell Kelly, Kelly Services has grown from a small local staffing firm into an international organization.