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.
A number of analysts have recently weighed in on MAN shares. 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. On a related note, 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. Finally, analysts at Morgan Stanley (NYSE: MS) raised their price target on shares of Manpower from $40.00 to $43.00 in a research note to investors on Monday, April 23rd. They now have an “equal weight” rating on the stock.
Manpower (MAN) traded up 1.05% on Friday, hitting $39.43. Manpower (MAN) has a 52-week low of $31.81 and a 52-week high of $64.01. The company has a market cap of $3.162 billion and a price-to-earnings ratio of 12.51.
Manpower Inc. is doing business as ManpowerGroup (Manpower) provides workforce solutions and services.