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.
Analyst Ratings Changes
Several equities research analysts have weighed in on MAN shares. BMO Capital Markets raised their price objective on shares of ManpowerGroup from $80.00 to $87.00 and gave the company a “market perform” rating in a research report on Friday, July 19th. JPMorgan Chase & Co. lowered their price target on shares of ManpowerGroup from $84.00 to $75.00 and set a “neutral” rating for the company in a report on Friday, July 19th. Six equities research analysts have rated the stock with a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the company has an average rating of “Hold” and an average price target of $82.40.
Get Our Latest Analysis on ManpowerGroup
ManpowerGroup Stock Performance
ManpowerGroup (NYSE:MAN – Get Free Report) last announced its quarterly earnings data on Thursday, July 18th. The business services provider reported $1.30 earnings per share for the quarter, beating the consensus estimate of $1.27 by $0.03. ManpowerGroup had a net margin of 0.25% and a return on equity of 11.08%. The business had revenue of $4.52 billion for the quarter, compared to analyst estimates of $4.53 billion. During the same period in the prior year, the business posted $1.58 earnings per share. ManpowerGroup’s revenue was down 6.9% compared to the same quarter last year. Equities analysts anticipate 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.
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