Manpower (MAN) Releases Quarterly Earnings Results, Beats Estimates By $0.15 EPS

Manpower (MAN) released its earnings data 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 research firms have also recently commented on MAN. 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 the ratings front, 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) traded up 0.79% during mid-day trading on Friday, hitting $39.33. Manpower (MAN) has a 52 week low of $31.81 and a 52 week high of $67.47. The company has a market cap of $3.154 billion and a P/E ratio of 12.51.

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

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Posted by Web Inquirer Staff on 13 May 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.