Manpower (MAN) Announces Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Manpower (MAN) posted its quarterly earnings results on Friday. The company reported $0.50 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.35 by $0.15. The company’s revenue for the quarter was up .5% on a year-over-year basis.

Several analysts have also recently commented on the stock. Analysts at TheStreet downgraded shares of Manpower to a “hold” rating in a research note to investors on Monday. On a related note, analysts at Zacks upgraded shares of Manpower from a “neutral” rating to an “outperform” rating in a research note to investors on Tuesday, April 24th. They now have a $48.00 price target on the stock. Finally, analysts at Credit Suisse (NYSE: CS) cut their EPS estimates on shares of Manpower in a research note on Monday. They now have an “outperform” rating and a $54.00 price target on the stock.

Shares of Manpower (MAN) traded down 1.29% during mid-day trading on Thursday, hitting $35.97. Manpower (MAN) has a 52 week low of $31.81 and a 52 week high of $61.22. The company has a market cap of $2.884 billion and a P/E ratio of 11.68.

Manpower Inc. is doing business as ManpowerGroup (Manpower) provides workforce solutions and services.

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Posted by Web Inquirer Staff on 24 May 2012. Filed under Markets. You can follow any responses to this entry through the RSS 2.0. You can skip to the end and leave a response. Pinging is currently not allowed.