Kelly Services: Q2 Earnings Snapshot

TROY, Mich. (AP) _ Kelly Services Inc. (KELYA) on Thursday reported second-quarter profit of $24 million.

On a per-share basis, the Troy, Michigan-based company said it had profit of 60 cents. Earnings, adjusted for non-recurring gains, were 49 cents per share.

The results beat Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 33 cents per share.

The staffing company posted revenue of $1.26 billion in the period.

Kelly Services shares have increased 16% since the beginning of the year. The stock has risen 25% in the last 12 months.


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

Categories: Business News