Manpower (MAN) Posts Quarterly Earnings Results, 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.
Several other analysts have also recently commented on the stock. 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.
Shares of Manpower (MAN) opened at 41.25 on Friday. Manpower (MAN) has a 52 week low of $31.81 and a 52 week high of $66.00. The company has a market cap of $3.308 billion and a P/E ratio of 13.22.
Manpower Inc. is doing business as ManpowerGroup (Manpower) provides workforce solutions and services. ManpowerGroup provides a suite of workforce solutions and services for the entire business cycle, including recruitment and assessment, training and development, career management, outsourcing and workforce consulting. Its family of brands and offerings includes ManpowerGroup, Manpower, Experis, Right Management and ManpowerGroup Solutions. ManpowerGroup provide workforce solutions. Manpower provides permanent recruitment workforce solutions. Experis provide professional resourcing and project-based workforce solutions. Right Management provides talent and career management workforce solutions. ManpowerGroup Solutions includes Talent Based Outsourcing (TBO), Managed Services Provider (MSP), Recruitment Process Outsourcing (RPO), Borderless Talent Solutions (BTS) and Strategic Workforce Consulting (SWC). In June 2011, the Company acquired Xi’an Fesco.