Kelly Services Earnings Slide

Shares of Troy, Mich.-based Kelly Services slid 3.2% in Wednesday trading, despite the company reporting Q2 2013 earnings that matched analyst expectations for earnings and exceeding expectations for revenue.

Kelly's $1.4 billion in revenues were basically flat against the year-ago quarter. Earnings, however, were down 35% against Q2 2012 profits at $0.26 per diluted share. Kelly noted that if adjusted to exclude the effects of onetime charges, earnings were also basically flat against the year-ago quarter at $0.33 in Q2 2013 vs. $0.34 in Q2 2012.

Company CEO Carl T. Camden pronounced himself "pleased" with the company's performance "given the uneven and generally subpar global economic growth."

The article Kelly Services Earnings Slide originally appeared on Fool.com.

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