Kelly Services Bottom Line Advances 68% In Q2

(RTTNews) - Kelly Services (KELYB) announced a profit for its second quarter that gained ground compared to the same period last year.

The company said its bottom line came in at $11.4 million, or $0.29 per share. This was up from $6.8 million, or $0.18 per share, in last year's second quarter.

Analysts had expected the company to earn $0.31 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter fell 0.7% to $1.38 billion. This was down from $1.39 billion last year.

Kelly Services earnings at a glance:

-Earnings (Q2): $11.4 Mln. vs. $6.8 Mln. last year. -Earnings Growth (Y-o-Y): 67.6% -EPS (Q2): $0.29 vs. $0.18 last year. -EPS Growth (Y-o-Y): 61.1% -Analysts Estimate: $0.31 -Revenue (Q2): $1.38 Bln vs. $1.39 Bln last year. -Revenue Change (Y-o-Y): -0.7%