Manpower Sees Q3 EPS of 96c to $1.06, Below Consensus
MAN sits 65% above its 52-week low of $25.15.
Summary
ManpowerGroup issued Q3 EPS guidance of $0.96 to $1.06, which appears to fall short of the $1.13 earned in Q2. The midpoint of $1.01 suggests a sequential decline, though no consensus estimate is provided for direct comparison. This follows a Q2 where net earnings rebounded to $53.5M from a year-ago loss, driven by 8% revenue growth. The guidance may signal softening demand or margin pressure heading into the second half. Investors will look for management commentary on the outlook during the earnings call.
At the time of this announcement, MAN was trading at $41.50 on NYSE in the Trade & Services sector, with a market capitalization of approximately $1.8B. The 52-week trading range was $25.15 to $47.34. This news item was assessed with neutral market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.