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.

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Posted by Web Inquirer Staff on 11 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.