Manpower (MAN) Posts Quarterly Earnings, Beats Expectations By $0.15 EPS

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

MAN has been the subject of a number of recent research reports. 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.

Manpower (MAN) opened at 36.23 on Friday. Manpower (MAN) has a 1-year low of $31.81 and a 1-year high of $61.22. The company has a market cap of $2.905 billion and a price-to-earnings ratio of 11.61.

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

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Posted by Web Inquirer Staff on 25 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.