Published on 27 Jun 2022 on Zacks via Yahoo Finance
Kelly Services (KELYA) Soars 5%: Is Further Upside Left in the Stock?
Kelly Services (KELYA) shares rallied 5% in the last trading session to close at $19.43. This move can be attributable to notable volume with a higher number of shares being traded than in a typical session. This compares to the stock's 5.3% loss over the past four weeks.
The uptick can be attributed to the company's better-than-expected earnings and revenue performance.
This staffing company is expected to post quarterly earnings of $0.46 per share in its upcoming report, which represents a year-over-year change of -6.1%. Revenues are expected to be $1.28 billion, up 1.7% from the year-ago quarter.