Kelly® Reports First Quarter Earnings
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Kelly Services (KELYA) Misses Q1 EPS by 11c, Revenues Miss
May 4, 2020 8:03 AM EDTKelly Services (NASDAQ: KELYA) reported Q1 EPS of $0.20, $0.11 worse than the analyst estimate of $0.31. Revenue for the quarter came in at $1.26 billion versus the consensus estimate of $1.31 billion.
Financial Highlights
Q1 revenue down 8.8%; 2.7% of the decline due to estimated impact of COVID-19 crisisQ1 operating earnings decline on $147.7 million non-cash goodwill impairment charge, partially offset by a gain on sale of... More