Kelly Services Announces Quarterly Dividend and Reports Q3 Earnings Miss
Kelly Services (KELYA) has declared a quarterly dividend of $0.075 per share, maintaining its previous payout level. The dividend carries a forward yield of 2.14%, with an ex-dividend date set for November 18 and payment scheduled for December 2. Despite the steady dividend, the company's third-quarter financial results fell short of expectations. Kelly Services reported GAAP earnings per share (EPS) of -$0.05, missing estimates by $0.02, while revenue reached $0.9 billion, falling $25.87 million below projections. Looking ahead to Q4, the company expects an adjusted EBITDA margin between 3.8% and 4%, citing a gradual recovery in its Education segment.
Tickers: $KELYA
Topics: dividend declaration earnings miss EBITDA guidance revenue miss