Manpower (MAN) Releases Quarterly Earnings Results

Manpower (MAN) posted its quarterly earnings results on Friday. The company reported $0.50 earnings per share for the quarter, beating the analysts’ consensus estimate of $0.35 by $0.15. Manpower’s revenue was up .5% compared to the same quarter last year.

Several analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Manpower in a research note to investors on Friday. On the ratings front, analysts at Bank of America cut their price target on shares of Manpower to $40.00 in a research note to investors on Monday, June 4th. They now have a “neutral” rating on the stock. Finally, analysts at TheStreet downgraded shares of Manpower to a “hold” rating in a research note to investors on Monday, May 21st.

Shares of Manpower (MAN) traded up 1.23% during mid-day trading on Tuesday, hitting $35.39. Manpower (MAN) has a 52 week low of $31.81 and a 52 week high of $58.64. The company has a market cap of $2.838 billion and a P/E ratio of 11.21.

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

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Posted by Web Inquirer Staff on 12 Jun 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.