TROY, Mich. (AP) — TROY, Mich. (AP) — Kelly Services Inc. (KELYA) on Thursday reported a loss of $31.8 million in its fourth quarter.
On a per-share basis, the Troy, Michigan-based company said it had a loss of 90 cents. Earnings, adjusted for asset impairment costs and non-recurring costs, were 82 cents per share.
The results topped Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 44 cents per share.
The staffing company posted revenue of $1.19 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $1.15 billion.
For the year, the company reported a loss of $600,000, or 2 cents per share. Revenue was reported as $4.33 billion.
_____
This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on KELYA at https://www.zacks.com/ap/KELYA
Copyright © 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, written or redistributed.
