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.