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Benzinga
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ManpowerGroup Analysts Cut Their Forecasts After Q3 Earnings

1. MAN reported Q3 earnings of 83 cents, beating estimates. 2. Sales were $4.634 billion, exceeding expectations of $4.600 billion. 3. Company forecasts Q4 earnings of 78 to 88 cents per share. 4. Stock fell 5.1% to $33.72 post-earnings release. 5. Analysts lowered price targets following the earnings announcement.

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FAQ

Why Bearish?

Despite beating Q3 estimates, the stock declined, indicating investor skepticism. Lowered price targets from analysts suggest a lack of confidence in future growth.

How important is it?

Earnings results and analyst actions directly impact investor sentiment and stock price.

Why Short Term?

The immediate reaction in share price suggests short-term volatility. Future earnings guidance may stabilize perception in the longer term.

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