Kelly Services Earnings Preview
Portfolio Pulse from Benzinga Insights
Kelly Services (NASDAQ:KELYA) is scheduled to release its quarterly earnings report on February 15, 2024. Analysts predict an EPS of $0.56. The company's past performance shows a pattern of beating EPS estimates, which has often led to positive stock price movements the following day. Shares are currently trading at $20.81, marking a 30.18% increase over the last 52 weeks. Investors are optimistic but will be closely watching the guidance for the next quarter.
February 14, 2024 | 6:02 pm
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Kelly Services is expected to report an EPS of $0.56 for the upcoming quarter. Historical data shows positive stock movement following earnings beats. Shares have seen a 30.18% increase over the past year.
Given Kelly Services' history of beating EPS estimates and the subsequent positive stock price reactions, there is a strong likelihood of a positive short-term impact on KELYA's stock price if the company beats the EPS estimate again and provides optimistic guidance for the future. The 30.18% year-over-year increase in share price further supports investor optimism.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100