earnings
confidence high
sentiment neutral
materiality 0.70
Kelly Services Q1 revenue up 11.5% to $1.16B; adjusted EPS down to $0.39 from $0.56 YoY
KELLY SERVICES INC
2025-Q1 EPS reported
$0.16
revenue$1,164,900,000
- Q1 revenue $1.16B (+11.5% YoY including acquisitions); organic growth 0.2%.
- Adjusted operating earnings $22.1M, down 4.3% YoY; adjusted EBITDA $34.9M (+4.8%).
- Reported EPS $0.16 vs $0.70 YoY; adjusted EPS $0.39 vs $0.56, decline due to higher net interest from MRP acquisition.
- Q2 guidance: revenue growth 6-7% YoY, adjusted EBITDA margin decline 20-30 bps; expects margin expansion in H2.
- Strong performance in Education (+6.3%) and outcome-based solutions in semiconductor and renewables.