Kelly Services (KELYA) Misses Q1 EPS by 11c, Revenues Miss
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Kelly® Reports First Quarter Earnings
May 4, 2020 8:00 AM EDTFinancial Highlights
Q1 revenue down 8.8%; 2.7% of the decline due to estimated impact of COVID-19 crisis Q1 operating earnings decline on $147.7 million non-cash goodwill impairment charge, partially offset by a gain on sale of headquarters buildings; operating earnings declined 46% on an adjusted basisQ1 loss per share of $3.91, compared to earnings of $0.56 last year; Q1 earnings per share on an adjusted basis of $0.20 compared to $0.45 last yearTROY, Mich., May 04, 2020 (GLOBE NEWSWIRE) -- Kelly (Nasdaq: KELYA) (Nasdaq:... More
