Kelly Services Reports 203% Gain In Q1 Profit

(RTTNews) - Kelly Services (KELYB) reported earnings for its first quarter that gained ground compared to the same period last year.

The company said its bottom line totaled $11.2 million, or $0.29 per share. This was up from $3.7 million, or $0.10 per share, in last year's first quarter.

Analysts had expected the company to earn $0.28 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.3% to $1.35 billion. This was up from $1.32 billion last year.

Kelly Services earnings at a glance:

-Earnings (Q1): $11.2 Mln. vs. $3.7 Mln. last year. -Earnings Growth (Y-o-Y): 202.7% -EPS (Q1): $0.29 vs. $0.10 last year. -EPS Growth (Y-o-Y): 190.0% -Analysts Estimate: $0.28 -Revenue (Q1): $1.35 Bln vs. $1.32 Bln last year. -Revenue Change (Y-o-Y): 2.3%