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.

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Posted by Web Inquirer Staff on 26 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.