Kelly Services: 3Q Earnings Snapshot

TROY, Mich. (AP) _ Kelly Services Inc. (KELYA) on Thursday reported third-quarter net income of $16.7 million, after reporting a loss in the same period a year earlier.

On a per-share basis, the Troy, Michigan-based company said it had profit of 42 cents. Earnings, adjusted for non-recurring gains, came to 29 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 8 cents per share.

The staffing company posted revenue of $1.04 billion in the period.

Kelly Services shares have fallen 19% since the beginning of the year. The stock has fallen 24% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KELYA at https://www.zacks.com/ap/KELYA