Kelly Services Q2 2024 Adj. EPS $0.71 Beats $0.56 Estimate, Sales $1.057B Beat $1.048B Estimate
Portfolio Pulse from Benzinga Newsdesk
Kelly Services (NASDAQ:KELYA) reported Q2 2024 adjusted EPS of $0.71, beating the $0.56 estimate by 26.79%. Sales were $1.057 billion, surpassing the $1.048 billion estimate but down 13.15% from last year.
August 08, 2024 | 11:33 am
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Kelly Services reported strong Q2 2024 earnings with an adjusted EPS of $0.71, significantly beating the analyst estimate of $0.56. Sales also surpassed expectations at $1.057 billion. However, sales were down 13.15% compared to the same period last year.
The significant beat on EPS and the slight beat on sales estimates are positive indicators for the stock in the short term. However, the year-over-year decline in sales may temper some of the enthusiasm.
CONFIDENCE 95
IMPORTANCE 90
RELEVANCE 100