Kelly Services Q3 Adj EPS $0.50 Beats $0.26 Estimate, Sales $1.12B Miss $1.17B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kelly Services reported Q3 adjusted earnings of $0.50 per share, beating the analyst consensus estimate of $0.26 by 92.31%. However, the company's quarterly sales of $1.12 billion missed the analyst consensus estimate of $1.17 billion by 4.44%.
November 09, 2023 | 12:33 pm
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NEUTRAL IMPACT
Kelly Services' Q3 earnings beat estimates but sales missed, which could lead to mixed market reactions.
While the earnings beat could boost investor confidence, the sales miss might raise concerns about the company's revenue generation capabilities. This could lead to mixed market reactions in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100