Kelly Services: 4Q Earnings Snapshot

February 13, 2019

TROY, Mich. (AP) _ Kelly Services Inc. (KELYB) on Wednesday reported a fourth-quarter loss of $23.9 million, after reporting a profit in the same period a year earlier.

On a per-share basis, the Troy, Michigan-based company said it had a loss of 62 cents. Earnings, adjusted for non-recurring costs, came to 87 cents per share.

The staffing company posted revenue of $1.41 billion in the period.

For the year, the company reported profit of $22.9 million, or 58 cents per share. Revenue was reported as $5.51 billion.

Kelly Services shares have fallen 23 percent since the beginning of the year. The stock has decreased 19 percent in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KELYB at https://www.zacks.com/ap/KELYB

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