8-K
filed November 9, 2023, 6:59 PM ET
ticker KELYA
CIK 0000055135
earnings
confidence high
sentiment positive
materiality 0.80
Kelly Q3 adjusted EPS doubles to $0.50; EBITDA margin 2.3% vs 1.6%
KELLY SERVICES INC
2023-Q3 EPS reported
$0.67
revenue$3,603,500,000
- Revenue $1.1B, down 4.3% YoY (down 5.8% constant currency).
- Adjusted operating earnings $15.5M, up 60% from $9.5M in Q3 2022.
- Adjusted EPS $0.50, double prior year $0.25; reported EPS $0.18.
- Adjusted EBITDA margin 2.3% vs 1.6% Q3 2022; Q4 guidance 2.8-3.0%.
- Dividend $0.075/share declared, payable Dec 6, record Nov 22, 2023.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
KELLY SERVICES INC reported third quarter of 2023 results: EPS Earnings per share in the third quarter of 2023 were $0.18 compared to a loss per share of $0.43 in the third quarter of.
- Period
- third quarter of 2023
- EPS
- Earnings per share in the third quarter of 2023 were $0.18 compared to a loss per share of $0.43 in the third quarter of
- Result
- reported results
Exact text from the filing
Peter Quigley, president and chief executive officer, announced revenue for the third quarter of 2023 totaled $1.1 billion, a 4.3% decrease, or 5.8% decrease in constant currency, compared to the corresponding quarter of 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
KELLY SERVICES INC reported third quarter of 2023 results: EPS Earnings per share in the third quarter of 2023 were $0.18 compared to a loss per share of $0.43 in the third quarter of.
- Period
- third quarter of 2023
- EPS
- Earnings per share in the third quarter of 2023 were $0.18 compared to a loss per share of $0.43 in the third quarter of
- Result
- reported results
Exact text from the filing
Earnings per share in the third quarter of 2023 were $0.18 compared to a loss per share of $0.43 in the third quarter of 2022.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.9
KELLY SERVICES INC updated its fourth quarter of 2023 guidance (reaffirmed).
- Period
- fourth quarter of 2023
- Guidance
- reaffirmed
- Result
- guidance update
Exact text from the filing
In the fourth quarter of 2023, Kelly expects to achieve an adjusted EBITDA margin in the range of 2.8% to 3.0%, reflecting the impact of market conditions that are more challenging than anticipated.
View on SEC.gov
This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice.
See methodology for how this pipeline works.