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Kelly Services (NASDAQ:KELYB) Stock, Option Chain

Kelly Services

Kelly Services Inc is a provider of workforce solutions and consulting and staffing services. The company's operations are divided into five business segments namely Professional & Industrial, Science, Engineering & Technology, Education, Outsourcing & Consulting, and International. Other than OCG, each segment delivers talent through staffing services, permanent placement, or outcome-based services. OCG segment delivers talent solutions including managed service providers, payroll process outsourcing, recruitment process outsourcing, and talent advisory services. International also delivers RPO talent solutions within its local markets. The majority of revenue is derived from Professional & Industrial.

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Kelly Services, Inc. - Class B Common Stock

Kelly Services Inc

Kelly Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KELYB#NASDAQ">KELYB</a>) reported quarterly earnings of $0.82 per share. This is a 11.83 percent decrease over earnings of $0.93 per share from the same period last year. The company reported $1.19 billion in sales this quarter. This is a 3.33 percent decrease over sales of $1.23 billion the same period last year.

Earnings

Kelly Services Q4 Adj $0.82 Down From $0.93 YoY, Sales $1.19B Down From $1.23B YoY

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Earnings Scheduled For February 13, 2025

The authorization expires on December 2, 2026.

Buybacks

Kelly Board Approves $50M Share Repurchase Program

<ul>
<li>Kelly's acquisition of Children's Therapy Center (CTC) further expands growth opportunities in the high-margin, high-demand therapeutic services segment.</li>
<li>The integration of CTC into Kelly Education's Pediatric Therapy Services will bolster service delivery, offering Minnesota school districts access to comprehensive therapy solutions to address the increasing demand arising from student special education needs.</li>
<li>The addition of CTC brings increased scale to the current network of licensed therapists, enabling flexible practice in clinics or schools. &nbsp;</li>
</ul>
TROY, Mich., Nov. 19, 2024 (GLOBE NEWSWIRE) -- Today, <a href="https://www.kellyservices.com/">Kelly</a> (Nasdaq:&nbsp;KELYA, KELYB) announced that it has acquired <a href="https://childrenstherapyctr.com/">Children's Therapy Center (CTC)</a>. Specializing in occupational, physical, and speech therapy for children from birth to eighteen, CTC operates from its headquarters in Eagan, MN, with an additional office in Apple Valley, MN. This acquisition will integrate CTC into <a href="https://www.kellyeducation.com/">Kelly Education</a>'s <a href="https://www.mypts.com/">Pediatric Therapy Services (PTS)</a> portfolio. This provides opportunities for Minnesota school districts, including those who currently partner with <a href="https://www.teachersoncall.com/">Teachers On Call (TOC)</a>, a Kelly Education Company, to integrate PTS's related therapy services to meet the growing demand of student special education needs. The terms of the acquisition were not disclosed.

Kelly Announces That It Has Acquired Children's Therapy Center; The Terms Of The Acquisition Were Not Disclosed

Kelly Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KELYB#NASDAQ">KELYB</a>) reported quarterly earnings of $0.21 per share. This is a 58 percent decrease over earnings of $0.50 per share from the same period last year. The company reported $1.04 billion in sales this quarter. This is a 7.16 percent decrease over sales of $1.12 billion the same period last year.

Kelly Services Q3 EPS $0.21 Down From $0.50 YoY, Sales $1.04B Down From $1.12B YoY

Kelly Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KELYB#NASDAQ">KELYB</a>) reported quarterly earnings of $0.71 per share. This is a 97.22 percent increase over earnings of $0.36 per share from the same period last year. The company reported $1.06 billion in sales this quarter. This is a 13.06 percent decrease over sales of $1.22 billion the same period last year.

Kelly Services Q2 Adj $0.71 Up From $0.36 YoY, Sales $1.06B Down From $1.22B YoY

Kelly Divests Ayers Group To Keystone Partners, Refocusing On Global RPO And MSP Solutions

KellyOCG clients can now access and manage global independent talent pools on Upwork through Helix UX &nbsp;
TROY, Mich., April 30, 2024 (GLOBE NEWSWIRE) -- <a href="https://www.kellyocg.com/">KellyOCG</a>, the outsourcing and consulting group of <a href="https://www.kellyservices.com/">Kelly</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KELYA#NASDAQ">KELYA</a>, KELYB)))), and <a href="https://www.upwork.com/">Upwork</a> (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UPWK#NASDAQ">UPWK</a>), the world's largest work marketplace that connects businesses with independent talent across the globe, have formed a strategic partnership that enables KellyOCG clients to source, hire, and collaborate with skilled independent professionals on Upwork through Kelly's <a href="https://www.kellyocg.com/solutions/human-cloud/">Human Cloud</a> solution.
KellyOCG is the first Managed Service Provider (MSP) to partner with Upwork, allowing clients to tap into Upwork's vast global network of highly skilled professionals across more than 10,000 skills and over 125 categories of work. Powered by <a href="https://www.kellyocg.com/solutions/kelly-helix-ux/">Kelly Helix UX and Helix Analytics</a>, the Kelly Human Cloud solution delivers a curated pipeline of highly skilled, niche talent through one easy-to-use interface and provides clients with unparalleled visibility into their external workforces.
"This partnership with Upwork further elevates what has already been recognized as the leading human cloud aggregator on the market," Tammy Browning, president of KellyOCG, said. "Together, KellyOCG and Upwork enable clients to quickly scale and align their workforces and drive stronger business performances without the stress and hassle that often come with engaging freelance talent across multiple different systems."
"Enterprises are increasingly seeking streamlined end-to-end work solutions that provide high-quality talent from anywhere," Zoë Diamadi, general manager of enterprise at Upwork, said. "Our partnership with KellyOCG enables companies to leverage its existing technology, while expanding access to more independent talent with the most up-to-date skills at scale."
The Kelly Human Cloud solution offers the simplest way to engage and collaborate with expert talent by bringing together the best online talent platforms in one powerful, user-friendly interface. It uses a company's pre-existing MSP to integrate with freelance work platforms and identifies talent based on a customer's needs for skills such as strategy and analytics, operations and organizational effectiveness, corporate finance, project management, marketing, and web development.
This is a curated process integrated with analytics to ensure that hiring managers have insight into their total workforce and independent talent productivity, leveraging up-to-date support information, a program guide, and access to unmatched quality talent.
It provides a faster and more cost-efficient hiring solution by helping companies avoid a piecemeal approach to searching separate platforms for talent. This helps improve process compliance, increases transparency to budgets, and creates a better experience for professionals and hiring managers.
The Kelly Human Cloud solution is an important part of an organization's Total Talent Management approach that provides holistic support across multiple channels. Permanent hires, project-based talent solutions, and other niche needs are all part of today's workforce demands. Kelly gives employers full visibility into these labor channels by providing detailed analytics and best practices on sourcing, supporting, and nurturing their talent communities.

UPWK

KellyOCG Partners With Upwork Enterprise To Grow Its Human Cloud Solution

Friday marks the last chance for investors to receive the next dividend payout from Kelly Services (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/KELYB#NASDAQ">KELYB</a>). 
<h3>What's Happening</h3>
The company announced on Tuesday that it would pay shareholders a quarterly dividend of 7.5 cents per share. On Monday, Kelly Services will go ex-dividend, meaning the stock will trade lower to reflect that payout. In other words, the stock will likely open 7.5 cents lower than it would have opened on any other day.
In order to be eligible to receive a company's dividend, shareholders must own the stock prior to the ex-dividend date—in this case, Monday. Shareholders who own KELYB as of the end of Friday's session are eligible to receive the 7.5 cents dividend payout for every share that they own. 
According to the company, this dividend will be paid out to shareholders on March 13, 2024. Investors will then be able to either reinvest those dividends back into the stock or use the payment in some other way. 
To read more news on Kelly Services <a href="https://www.benzinga.com/stock//">click here</a>
<a href="https://www.benzinga.com/calendars/dividends">Click here</a> to visit our Dividends Calendar.

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