earnings
confidence high
sentiment negative
materiality 0.80
Kelly Services Q4 GAAP loss $0.02/share; adjusted EPS $0.18, down 72% YoY on impairment
KELLY SERVICES INC
2022-FY EPS reported
-$1.64
revenue$4,965,400,000
- Q4 revenue $1.2B, down 1.3% YoY (up 0.7% constant currency); gross margin 20.3% (+60 bps).
- Q4 GAAP operating earnings $4.6M including $10.3M RocketPower goodwill impairment; adjusted op. earnings $14.0M, down 28% YoY.
- Q4 GAAP diluted loss per share $0.02; adjusted EPS $0.18 vs $0.65 a year ago.
- Full-year 2022 adjusted operating earnings $68.3M, up 30% from $52.6M; adjusted EPS $1.33 vs $1.51.
- Board declared quarterly dividend $0.075/share; payable March 13, 2023 to holders of record Feb 27, 2023.