close

Earnings To Watch: ManpowerGroup (MAN) Reports Q3 Results Tomorrow

ⓘ This article is third-party content and does not represent the views of this site. We make no guarantees regarding its accuracy or completeness.

MAN Cover Image

Workforce solutions provider ManpowerGroup (NYSE: MAN) will be announcing earnings results this Thursday morning. Here’s what you need to know.

ManpowerGroup beat analysts’ revenue expectations last quarter, reporting revenues of $4.86 billion, up 7.5% year on year. It was a stunning quarter for the company, with a beat of analysts’ EPS estimates and a solid beat of analysts’ EPS guidance for next quarter estimates.

Is ManpowerGroup a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting ManpowerGroup’s revenue to grow 4.5% year on year, improving from the 2.3% increase it recorded in the same quarter last year.

ManpowerGroup Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. ManpowerGroup rarely misses Wall Street’s revenue estimates.

Looking at ManpowerGroup’s peers in the professional services segment, only Concentrix has reported results so far. It missed analysts’ revenue estimates, posting year-on-year sales declines of 1.2%. The stock price was unchanged following the results.

Read our full analysis of Concentrix’s earnings results here.

Investors in the professional services segment have had fairly steady hands going into earnings, with share prices down 1.1% on average over the last month. ManpowerGroup is down 10.9% during the same time and is heading into earnings with an average analyst price target of $57.44 (compared to the current share price of $51.69).

ONE MORE THING: The $21 AI Application Stock Wall Street Forgot. While Wall Street obsesses over who’s building AI, one company is already using it to print money. And nobody’s paying attention.

AI chip stocks trade at ridiculous valuations. This company processes a trillion consumer signals monthly using AI and trades at a third of the price. The gap won’t last. The institutions will figure it out. You need to see this first. Read the FREE Report Before They Notice.

Report this content

If you believe this article contains misleading, harmful, or spam content, please let us know.

Report this article

More News

View More

Recent Quotes

View More
Symbol Price Change (%)
AMZN  258.58
-0.95 (-0.37%)
AAPL  341.27
+0.30 (0.09%)
AMD  605.53
+11.29 (1.90%)
BAC  53.96
-0.62 (-1.14%)
GOOG  349.52
+0.55 (0.16%)
META  762.50
+19.54 (2.63%)
MSFT  543.45
+2.30 (0.43%)
NVDA  228.52
+2.20 (0.97%)
ORCL  143.20
+5.81 (4.23%)
TSLA  375.23
-2.80 (-0.74%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.

Starting at /week.