Kelly Services (KELYA) Tops Q4 EPS by 32c

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Kelly Services(R) Reports Fourth Quarter Earnings and Solid 2016 Results

February 2, 2017 7:30 AM EST

TROY, MI -- (Marketwired) -- 02/02/17 --

Financial Highlights

Q4 revenue down 11%; down 4% adjusted for the APAC Joint Venture transaction (flat when further adjusted for the 53rd week in 2015)Q4 operating earnings down 19%; down 12% adjusted for the APAC Joint Venture transactionQ4 earnings per share of $0.55 versus $0.88 (Adjusted EPS of $0.84)Full-year 2016 operating earnings down 3%; (Adjusted earnings up 9%) off of flat revenue growth

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