ManpowerGroup (NYSE:MAN – Get Free Report) updated its fourth quarter 2024 earnings guidance on Thursday. The company provided earnings per share guidance of 0.980-1.080 for the period, compared to the consensus earnings per share estimate of 1.300. The company issued revenue guidance of -. ManpowerGroup also updated its Q4 guidance to $0.98-1.08 EPS.
Wall Street Analyst Weigh In
MAN has been the subject of a number of recent research reports. Truist Financial dropped their price objective on shares of ManpowerGroup from $78.00 to $74.00 and set a “hold” rating for the company in a research note on Friday. JPMorgan Chase & Co. dropped their target price on ManpowerGroup from $84.00 to $75.00 and set a “neutral” rating for the company in a report on Friday, July 19th. UBS Group lowered their price target on ManpowerGroup from $78.00 to $71.00 and set a “neutral” rating on the stock in a research report on Friday. Finally, BMO Capital Markets lowered their target price on shares of ManpowerGroup from $87.00 to $71.00 and set a “market perform” rating on the stock in a report on Friday. Six investment analysts have rated the stock with a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has a consensus rating of “Hold” and a consensus price target of $76.60.
Get Our Latest Stock Analysis on ManpowerGroup
ManpowerGroup Stock Down 2.7 %
ManpowerGroup (NYSE:MAN – Get Free Report) last released its earnings results on Thursday, July 18th. The business services provider reported $1.30 earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of $1.27 by $0.03. ManpowerGroup had a net margin of 0.25% and a return on equity of 11.08%. The company had revenue of $4.52 billion for the quarter, compared to the consensus estimate of $4.53 billion. During the same period in the prior year, the company posted $1.58 EPS. The company’s revenue was down 6.9% compared to the same quarter last year. On average, analysts predict that ManpowerGroup will post 4.87 earnings per share for the current year.
ManpowerGroup Company Profile
ManpowerGroup Inc provides workforce solutions and services worldwide. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands. It also offers various assessment services; training and development services; career and talent management; and outsourcing services related to human resources functions primarily in the areas of large-scale recruiting and workforce-intensive initiatives.
Further Reading
- Five stocks we like better than ManpowerGroup
- Quiet Period Expirations Explained
- Misses and Beats: 3 Stocks That Are Moving Markets Right Now
- Insider Trading – What You Need to Know
- Cisco on the Rise: AI Potential and Analyst Upgrades Drive Gains
- Top Biotech Stocks: Exploring Innovation Opportunities
- MarketBeat Week in Review – 10/14 – 10/18
Receive News & Ratings for ManpowerGroup Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for ManpowerGroup and related companies with MarketBeat.com's FREE daily email newsletter.