Kelly Services (KELYB) revealed a profit for first quarter that decreased from last year and missed the Street estimates.
The company's earnings came in at $5.8 million, or $0.16 per share. This compares with $25.8 million, or $0.70 per share, last year.
Excluding items, Kelly Services reported adjusted earnings of $14.3 million or $0.39 per share for the period.
Analysts on average had expected the company to earn $0.52 per share. Analysts' estimates typically exclude special items.
The company's revenue for the period rose 11.4% to $1.164 billion from $1.045 billion last year.
Kelly Services earnings at a glance (GAAP) :
-Earnings: $5.8 Mln. vs. $25.8 Mln. last year.-EPS: $0.16 vs. $0.70 last year.-Revenue: $1.164 Bln vs. $1.045 Bln last year.
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May 08, 2026 15:50 ET Manufacturing and services sector survey results and labor market data from main economies were the highlight on the economics news front this week. Factory orders and jobs report dominated the news flow in the U.S. Similarly, industrial production data from German garnered attention in Europe. In Asia, purchasing managers’ survey results from China and the central bank decision from Australia were in focus.