Kelly Services Future Growth

Future criteria checks 3/6

Kelly Services's revenue is forecast to decline at 5.3% per annum while its annual earnings are expected to grow at 28.5% per year. EPS is expected to grow by 27.7% per annum.

Key information

28.5%

Earnings growth rate

27.7%

EPS growth rate

Professional Services earnings growth	18.6%
Revenue growth rate	-5.3%
Future return on equity	n/a
Analyst coverage	Low
Last updated	28 May 2024

Recent future growth updates

Recent updates

Kelly Services, Inc.'s (NASDAQ:KELY.A) Low P/S No Reason For Excitement

Apr 17

Kelly Services' (NASDAQ:KELY.A) Returns On Capital Not Reflecting Well On The Business

Feb 16

Kelly Services (NASDAQ:KELY.A) Has Affirmed Its Dividend Of $0.075

Nov 12

Estimating The Intrinsic Value Of Kelly Services, Inc. (NASDAQ:KELY.A)

Aug 14

Kelly Services (NASDAQ:KELY.A) Has Some Difficulty Using Its Capital Effectively

Jul 20

Kelly Services, Inc. (NASDAQ:KELY.A) Shares Could Be 40% Below Their Intrinsic Value Estimate

Sep 02

Should You Investigate Kelly Services, Inc. (NASDAQ:KELY.A) At US$21.13?

Jul 20

Is Now The Time To Look At Buying Kelly Services, Inc. (NASDAQ:KELY.A)?

Mar 18

Kelly Services (NASDAQ:KELY.A) Might Be Having Difficulty Using Its Capital Effectively

Feb 17

Kelly Services (NASDAQ:KELY.A) Will Be Hoping To Turn Its Returns On Capital Around

Sep 23

When Should You Buy Kelly Services, Inc. (NASDAQ:KELY.A)?

Aug 11

Have Insiders Sold Kelly Services, Inc. (NASDAQ:KELY.A) Shares Recently?

Feb 26

Earnings and Revenue Growth Forecasts

NasdaqGS:KELY.A - Analysts future estimates and past financials data (USD Millions)
Date	Revenue	Earnings	Free Cash Flow	Cash from Op	Avg. No. Analysts
12/31/2025	4,183	86	32	38	3
12/31/2024	4,056	73	59	71	3
3/31/2024	4,613	50	50	65	N/A
12/31/2023	4,836	36	61	77	N/A
10/1/2023	4,837	24	50	69	N/A
7/2/2023	4,887	1	37	54	N/A
4/2/2023	4,937	-4	2	16	N/A
1/1/2023	4,965	-62	-88	-76	N/A
10/2/2022	4,982	10	-67	-58	N/A
7/3/2022	5,009	60	-80	-70	N/A
4/3/2022	5,000	82	-42	-32	N/A
1/2/2022	4,910	155	74	85	N/A
10/3/2021	4,901	107	-10	1	N/A
7/4/2021	4,744	89	43	56	N/A
4/4/2021	4,461	107	173	188	N/A
1/3/2021	4,516	-72	171	186	N/A
9/27/2020	4,612	-78	226	245	N/A
6/28/2020	4,842	-106	188	207	N/A
3/29/2020	5,234	-64	71	89	N/A
12/29/2019	5,356	111	82	102	N/A
9/29/2019	5,433	71	81	102	N/A
6/30/2019	5,507	114	78	102	N/A
3/31/2019	5,527	16	62	87	N/A
12/30/2018	5,514	23	36	61	N/A
9/30/2018	5,522	64	43	71	N/A
7/1/2018	5,508	54	32	60	N/A
4/1/2018	5,455	87	16	42	N/A
12/31/2017	5,374	71	N/A	71	N/A
10/1/2017	5,257	73	N/A	44	N/A
7/2/2017	5,176	129	N/A	43	N/A
4/2/2017	5,217	119	N/A	44	N/A
1/1/2017	5,277	118	N/A	40	N/A
10/2/2016	5,434	132	N/A	53	N/A
7/3/2016	5,537	62	N/A	91	N/A
4/3/2016	5,547	60	N/A	60	N/A
1/3/2016	5,518	52	N/A	25	N/A
9/27/2015	5,482	36	N/A	38	N/A
6/28/2015	5,527	28	N/A	11	N/A
3/29/2015	5,553	24	N/A	4	N/A
12/28/2014	5,563	23	N/A	-70	N/A
9/28/2014	5,524	23	N/A	-16	N/A
6/29/2014	5,473	40	N/A	22	N/A
3/30/2014	5,429	47	N/A	19	N/A
12/29/2013	5,413	57	N/A	115	N/A
9/29/2013	5,403	49	N/A	62	N/A
6/30/2013	5,411	47	N/A	41	N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: KELY.A's forecast earnings growth (28.5% per year) is above the savings rate (2.4%).

Earnings vs Market: KELY.A's earnings (28.5% per year) are forecast to grow faster than the US market (14.6% per year).

High Growth Earnings: KELY.A's earnings are expected to grow significantly over the next 3 years.

Revenue vs Market: KELY.A's revenue is expected to decline over the next 3 years (-5.3% per year).

High Growth Revenue: KELY.A's revenue is forecast to decline over the next 3 years (-5.3% per year).

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if KELY.A's Return on Equity is forecast to be high in 3 years time

Kelly Services Future Growth

Future criteria checks 3/6

Key information

Recent future growth updates

Consensus EPS estimates increase by 13%

Price target increased by 10% to US$28.33

Consensus EPS estimates fall by 246%

Price target decreased to US$26.00

Price target decreased to US$28.00

Kelly Services, Inc. Provides Revenue Guidance for the Full Year of Fiscal Year 2022

Recent updates

Consensus EPS estimates increase by 13%

First quarter dividend of US$0.075 announced

Kelly Services, Inc. Declares Dividend, Payable on June 4, 2024

First quarter 2024 earnings released: EPS: US$0.73 (vs US$0.29 in 1Q 2023)

Kelly Services, Inc. (NasdaqGS:KELY.A) entered a definitive agreement to acquire Motion Recruitment Partners, LLC from Littlejohn & Co., LLC for approximately $490 million.

Kelly Services, Inc. (NasdaqGS:KELY.A) entered a definitive agreement to acquire Motion Recruitment Partners, LLC from Littlejohn & Co., LLC for approximately $490 million.

Kelly Services, Inc. to Report Q1, 2024 Results on May 09, 2024

Kelly Services, Inc.'s (NASDAQ:KELY.A) Low P/S No Reason For Excitement

Kelly Services, Inc., Annual General Meeting, May 09, 2024

Executive VP & CFO recently sold US$481k worth of stock

Price target increased by 10% to US$28.33

Upcoming dividend of US$0.075 per share

Fourth quarter dividend of US$0.075 announced

Full year 2023 earnings: EPS misses analyst expectations

Kelly Services' (NASDAQ:KELY.A) Returns On Capital Not Reflecting Well On The Business

Kelly Services, Inc. Declares Dividend, Payable on March 13, 2024

Kelly Services, Inc. to Report Q4, 2023 Results on Feb 15, 2024

Kelly Services, Inc. and Kelly Services Outsourcing and Consulting Group Sarl Announce Termination of Dinette Koolhaas, Senior Vice President and President of Kelly International

Insider recently sold US$405k worth of stock

Senior VP and President of Science recently sold US$114k worth of stock

Executive VP & CFO recently sold US$632k worth of stock

Executive VP & CFO notifies of intention to sell stock

Upcoming dividend of US$0.075 per share at 1.5% yield

Kelly Services (NASDAQ:KELY.A) Has Affirmed Its Dividend Of $0.075

Third quarter 2023 earnings: EPS in line with expectations, revenues disappoint

Gi Group Holding S.r.l. entered into an agreement to acquire European Staffing business of Kelly Services, Inc. (NasdaqGS:KELY.A) for €130 million.

Kelly Services, Inc. to Report Q3, 2023 Results on Nov 09, 2023

Upcoming dividend of US$0.075 per share at 1.7% yield

Estimating The Intrinsic Value Of Kelly Services, Inc. (NASDAQ:KELY.A)

New minor risk - Insider selling

Kelly Services, Inc. Declares Dividend Payable on September 6, 2023

Second quarter 2023 earnings: EPS and revenues miss analyst expectations

Kelly Services, Inc. to Report Q2, 2023 Results on Aug 10, 2023

Kelly Services (NASDAQ:KELY.A) Has Some Difficulty Using Its Capital Effectively

Insider recently sold US$77k worth of stock

Kelly Services (NASDAQ:KELY.A) Is Paying Out A Dividend Of $0.075

Kelly Services, Inc. Declares Dividend, Payable on June 6, 2023

A Look At The Fair Value Of Kelly Services, Inc. (NASDAQ:KELY.A)

Full year 2022 earnings: EPS misses analyst expectations

Kelly Services, Inc. Declares Dividend, Payable on March 13, 2023

What Does Kelly Services, Inc.'s (NASDAQ:KELY.A) Share Price Indicate?

Kelly Services, Inc. to Report Q4, 2022 Results on Feb 16, 2023

Consensus EPS estimates fall by 246%

Price target decreased to US$26.00

Upcoming dividend of US$0.075 per share

Kelly Services, Inc. (NasdaqGS:KELY.A) announces an Equity Buyback for $50 million worth of its shares.

Third quarter 2022 earnings: EPS and revenues miss analyst expectations

Kelly Services, Inc. Reports Goodwill Impairment Charge for the 13 Weeks Ended October 2, 2022

Kelly Services, Inc. to Report Q3, 2022 Results on Nov 10, 2022

Kelly Appoints Keilon Ratliff as First Chief Diversity Officer

Kelly Services, Inc. (NASDAQ:KELY.A) Shares Could Be 40% Below Their Intrinsic Value Estimate

Independent Chairman of the Board recently bought US$202k worth of stock

Price target decreased to US$28.00

Second quarter 2022 earnings: EPS misses analyst expectations

Kelly Services, Inc. Declares Dividend, Payable on September 7, 2022

Kelly Services, Inc. to Report Q2, 2022 Results on Aug 11, 2022

Should You Investigate Kelly Services, Inc. (NASDAQ:KELY.A) At US$21.13?

Kelly Launches New RPO Solution, Kelly Ace

Ventra, Ooo agreed to acquire Kelly Services CIS, Inc. from Kelly Services, Inc. (NasdaqGS:KELY.A).

Upcoming dividend of US$0.075 per share

First quarter 2022 earnings: Revenues exceed analysts expectations while EPS lags behind

Persol Holdings Co., Ltd. acquired 95% stake in PersolKelly Pte. Ltd from Kelly Services, Inc.

Kelly Services, Inc., Annual General Meeting, May 18, 2022

Is Now The Time To Look At Buying Kelly Services, Inc. (NASDAQ:KELY.A)?

Kelly Services, Inc. Announces Retirement of Jane E. Dutton as Director

Kelly Services, Inc. Declares Quarterly Dividend on Class A and Class B Common Stock, Payable March 14, 2022

Kelly Services (NASDAQ:KELY.A) Might Be Having Difficulty Using Its Capital Effectively

Full year 2021 earnings: EPS exceeds analyst expectations while revenues lag behind

Kelly Services, Inc. Provides Revenue Guidance for the Full Year of Fiscal Year 2022