LONDON (Thomson Financial) - Kelly Services Inc. said Tuesday first-quarter
net income fell to $8.23 million, or 24 cents a share, from $11.9 million, or 32
cents a share, in the same quarter a year ago.
The staffing company said earnings from continuing operations came in at
$12.9 million, or 23 cents a share.
Revenue for the three-month period rose 3% to $1.4 billion.
The mean estimate of analysts polled by Thomson Financial was for earnings
of 22 cents a share on revenue of $1.38 billion.
The company said it expects second quarter earnings from continuing
operations in the range of 37 cents to 41 cents a share.
The Thomson Financial mean estimate is for second-quarter earnings of 38
cents a share.
The stock closed Monday at $19.62.
mark.cotton@thomsonreuters.com
mc1/tk1
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