Kelly Services, Inc.

NasdaqGS:KELY.A Stock Report

Market Cap: US$392.4m

Kelly Services Past Earnings Performance

Past criteria checks 0/6

Kelly Services's earnings have been declining at an average annual rate of -71.9%, while the Professional Services industry saw earnings growing at 12.3% annually. Revenues have been declining at an average rate of 2.9% per year.

Key information

-71.86%

Earnings growth rate

-71.91%

EPS growth rate

Professional Services Industry Growth10.99%
Revenue growth rate-2.92%
Return on equity-27.44%
Net Margin-6.44%
Last Earnings Update29 Mar 2026

Recent past performance updates

Recent updates

Narrative Update Apr 23

KELY.A: Future Upside Will Depend On Executing The 2026 Revenue Outlook

Analysts have trimmed their price target on Kelly Services by $1 to $15, reflecting updated estimates following Q4 results and the company's 2026 outlook, while broader valuation inputs such as fair value and profit margin assumptions remain essentially unchanged. Analyst Commentary Analysts are adjusting their views on Kelly Services around the updated Q4 results and the 2026 outlook, with the latest changes reflected in the revised US$15 price target.
Narrative Update Apr 09

KELY.A: Future Upside Will Rely On Executing The 2026 Outlook

Analysts have trimmed their price target on Kelly Services to $15 from $16, reflecting updated estimates following Q4 results and the company's 2026 outlook. Analyst Commentary Recent commentary around Kelly Services focuses on how the updated Q4 figures and the 2026 outlook fit with the new US$15 price target.
Narrative Update Mar 25

KELY.A: Future Upside Will Depend On Delivering 2026 Outlook After Price Trim

Analysts have trimmed their price target on Kelly Services to $15 from $16, reflecting updated estimates following Q4 results and the company's 2026 outlook. Analyst Commentary Recent commentary around Kelly Services centers on how the updated Q4 figures and 2026 outlook feed into valuation and execution risk.
Narrative Update Mar 10

KELY.A: Future Upside Will Rely On Executing 2026 Outlook After Price Cut

Analysts have trimmed their price target on Kelly Services by $1 to $15, reflecting updated estimates after Q4 results and the company's 2026 outlook. Analyst Commentary Recent research around Kelly Services centers on how the Q4 results and the 2026 outlook align with the current share price, leading to a trimmed price target of $15 from $16.
Narrative Update Feb 24

KELY.A: Future Upside Will Depend On 2026 Outlook Execution After Target Cut

Analysts have lowered their fair value estimate for Kelly Services to about $16.67 from $17.67 and reduced the price target to $15 from $16, citing updated forecasts following Q4 results and the company's 2026 outlook. Analyst Commentary Recent research updates reflect a more cautious stance on Kelly Services, with fair value and price targets adjusted after the latest Q4 results and the 2026 outlook.
Narrative Update Feb 09

KELY.A: Future Upside Will Hinge On Execution After Soft Q4 Outlook

Narrative Update on Kelly Services Analysts have reduced their price target on Kelly Services to US$16 from US$25, citing recent quarterly results that fell short of expectations and a softer Q4 outlook as key reasons for the reset in expectations. Analyst Commentary Recent commentary reflects a reset in expectations around Kelly Services, with the lower US$16 price target framed against softer near term performance and a more cautious macro backdrop.
Narrative Update Jan 26

KELY.A: Future Upside Will Depend On Execution After Lowered Expectations

Analysts have lowered their price target on Kelly Services to US$16 from US$25, citing recent quarterly results that fell short of expectations, along with what they describe as weaker Q3 performance and a soft Q4 outlook. Analyst Commentary Bullish Takeaways Bullish analysts are maintaining positive ratings even with the lower US$16 target, which signals they still see upside potential from current trading levels based on their assumptions.
Narrative Update Jan 10

KELY.A: Future Upside Will Rely On Execution After Reset Expectations

Narrative Update Analysts have reduced their price target on Kelly Services to $16 from $25, citing a Q2 earnings miss, a Q3 shortfall, and a soft Q4 outlook as key factors behind the reset. Analyst Commentary Recent research on Kelly Services focuses on how the company is handling softer results and what that means for valuation and execution over the next few quarters.
Narrative Update Dec 26

KELY.A: Future Upside Will Stem From Undervalued Specialty Mix Amid Macro Headwinds

Analysts have reduced their price target on Kelly Services to $16 from $25, citing weaker than expected Q2 results, a Q3 shortfall, and a soft Q4 outlook amid increasingly challenging macroeconomic conditions. Analyst Commentary Analysts are recalibrating their views on Kelly Services, balancing ongoing execution strengths against a tougher macro backdrop and reduced near term visibility.
Narrative Update Dec 11

KELY.A: Future Upside Will Stem From Higher-Margin Specialty Staffing Mix

Analysts have reduced their price target on Kelly Services to $16 from $25, citing weaker than expected Q2 results, a Q3 shortfall, and a soft Q4 outlook, even as they continue to view the shares as significantly undervalued relative to peers. Analyst Commentary Analysts remain divided on Kelly Services, balancing a structurally more attractive business mix with near term execution and macro headwinds.
Narrative Update Nov 27

KELY.A: Shares Will Benefit From Shift Toward Higher-Margin Staffing Segments

Analysts have reduced their fair value estimate for Kelly Services from $24 to approximately $17.67 following recent quarterly results and a softer outlook. They cite weaker revenue growth, narrower margins, and headwinds from the macroeconomic environment as key factors for this adjustment.
Analysis Article Nov 15

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

Kelly Services, Inc. ( NASDAQ:KELY.A ) has announced that it will pay a dividend of $0.075 per share on the 3rd of...
Narrative Update Nov 08

KELY.A: Shares Will Gain From Transformation Into Higher-Margin Staffing Solutions

Kelly Services Price Target Slightly Lowered Amid Analyst Optimism Analysts have modestly reduced their fair value target for Kelly Services from $26 to $24 per share. This adjustment reflects a blend of slower projected revenue growth, improved margin expectations, and continued conviction in the company’s strategic transformation and discount valuation.
Analysis Article Sep 26

We Think Kelly Services (NASDAQ:KELY.A) Can Stay On Top Of Its Debt

Some say volatility, rather than debt, is the best way to think about risk as an investor, but Warren Buffett famously...
Analysis Article May 11

Kelly Services (NASDAQ:KELY.A) Will Pay A Dividend Of $0.075

The board of Kelly Services, Inc. ( NASDAQ:KELY.A ) has announced that it will pay a dividend of $0.075 per share on...
Analysis Article Feb 23

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

The board of Kelly Services, Inc. ( NASDAQ:KELY.A ) has announced that it will pay a dividend of $0.075 per share on...
Analysis Article Nov 15

It's Down 26% But Kelly Services, Inc. (NASDAQ:KELY.A) Could Be Riskier Than It Looks

The Kelly Services, Inc. ( NASDAQ:KELY.A ) share price has fared very poorly over the last month, falling by a...
Analysis Article Nov 14

We Think Kelly Services' (NASDAQ:KELY.A) Solid Earnings Are Understated

The stock was sluggish on the back of Kelly Services, Inc.'s ( NASDAQ:KELY.A ) recent earnings report. Our analysis...
Analysis Article Nov 10

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

Kelly Services, Inc. ( NASDAQ:KELY.A ) will pay a dividend of $0.075 on the 4th of December. This means that the annual...
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New Narrative Sep 18

Technology And Life Sciences Driven Growth Amidst Strategic Expansion And Market Challenges

Focus on technology and life sciences sectors, along with acquisitions like Motion Recruitment Partners, suggests growth potential in high-margin markets.
Analysis Article Aug 07

Kelly Services (NASDAQ:KELY.A) May Have Issues Allocating Its Capital

When researching a stock for investment, what can tell us that the company is in decline? Businesses in decline often...
Analysis Article Jul 11

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

While Kelly Services, Inc. ( NASDAQ:KELY.A ) might not have the largest market cap around , it saw significant share...
Analysis Article Apr 17

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

When close to half the companies operating in the Professional Services industry in the United States have...
Analysis Article Feb 16

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

What financial metrics can indicate to us that a company is maturing or even in decline? A business that's potentially...

Revenue & Expenses Breakdown

How Kelly Services makes and spends money. Based on latest reported earnings, on an LTM basis.


Earnings and Revenue History

NasdaqGS:KELY.A Revenue, expenses and earnings (USD Millions)
DateRevenueEarningsG+A ExpensesR&D Expenses
29 Mar 264,127-2667470
28 Dec 254,251-2547680
28 Sep 254,393-1577960
29 Jun 254,496-68230
30 Mar 254,452-208090
29 Dec 244,332-17850
29 Sep 244,373427860
30 Jun 244,453477840
31 Mar 244,613508260
31 Dec 234,836368750
01 Oct 234,837248830
02 Jul 234,88719040
02 Apr 234,937-49210
01 Jan 234,965-629220
02 Oct 224,982109150
03 Jul 225,009609050
03 Apr 225,000828780
02 Jan 224,9101558540
03 Oct 214,9011078370
04 Jul 214,744898040
04 Apr 214,4611077670
03 Jan 214,516-727850
27 Sep 204,612-787720
28 Jun 204,842-1068020
29 Mar 205,234-648540
29 Dec 195,3561118720
29 Sep 195,433718830
30 Jun 195,5071148890
31 Mar 195,527168870
30 Dec 185,514238830
30 Sep 185,522648980
01 Jul 185,508548930
01 Apr 185,455878820
31 Dec 175,374718710
01 Oct 175,257738420
02 Jul 175,1761298260
02 Apr 175,2171198350
01 Jan 175,2771188400
02 Oct 165,4341328550
03 Jul 165,537628700
03 Apr 165,547608630
03 Jan 165,518528540
27 Sep 155,482368540
28 Jun 155,527288570

Quality Earnings: KELY.A is currently unprofitable.

Growing Profit Margin: KELY.A is currently unprofitable.


Free Cash Flow vs Earnings Analysis


Past Earnings Growth Analysis

Earnings Trend: KELY.A is unprofitable, and losses have increased over the past 5 years at a rate of 71.9% per year.

Accelerating Growth: Unable to compare KELY.A's earnings growth over the past year to its 5-year average as it is currently unprofitable

Earnings vs Industry: KELY.A is unprofitable, making it difficult to compare its past year earnings growth to the Professional Services industry (8.7%).


Return on Equity

High ROE: KELY.A has a negative Return on Equity (-27.44%), as it is currently unprofitable.


Return on Assets


Return on Capital Employed


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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/26 07:13
End of Day Share Price 2026/05/22 00:00
Earnings2026/03/29
Annual Earnings2025/12/28

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Kelly Services, Inc. is covered by 8 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Kevin SteinkeBarrington Research Associates, Inc.
James SamfordCitigroup Inc
Ty GovatosCL King & Associates, Inc.