Manpower (MAN) Releases Quarterly Earnings Results
Manpower (MAN) announced its 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.
A number of analysts have recently weighed in on MAN shares. Analysts at Barclays Capital reiterated an “equalweight” rating on shares of Manpower in a research note to investors on Wednesday, June 13th. On a related note, analysts at Deutsche Bank reiterated a “buy” rating on shares of Manpower in a research note to investors on Friday, June 8th. Finally, 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.
Manpower (MAN) traded down 3.80% on Monday, hitting $34.95. 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 $2.803 billion and a price-to-earnings ratio of 11.64.
Manpower Inc. is doing business as ManpowerGroup (Manpower) provides workforce solutions and services.