Kelly Services reports Q2 adjusted EPS 36c, consensus 40c

Reports Q2 revenue $1.2B, consensus $1.24B. “In the second quarter, we remained focused on seeking out pockets of demand in more resilient markets, while the effects of ongoing macroeconomic uncertainty became more noticeable in certain parts of our portfolio,” said CEO Peter Quigley. “Our Education segment and higher-margin outcome-based solutions in P&I continued to deliver year-over-year growth, while lower demand for temporary and permanent placement services impacted results in our P&I and SET segments.”