ManpowerGroup posted stronger Q2 results with adjusted EPS of $0.99 on $4.86B revenue, beating estimates, and issued Q3 guidance above consensus. Management projects about 6% organic constant-currency revenue growth and a 44% tax rate, with a modest 2-cent currency headwind. Upgrades from Baird and UBS underscore renewed investor confidence as shares jumped over 32%.
ManpowerGroup (MAN) is scheduled to announce its Q1 earnings on April 16, with analysts projecting an increase in earnings to 49 cents per share, driven by revenue growth estimated at $4.41 billion. The company's previous performance exceeded expectations, providing a positive outlook that could enhance investor confidence ahead of the earnings call.
MAN reported Q3 earnings of 83 cents, beating estimates. Sales were $4.634 billion, exceeding expectations of $4.600 billion. Company forecasts Q4 earnings of 78 to 88 cents per share. Stock fell 5.1% to $33.72 post-earnings release. Analysts lowered price targets following the earnings announcement.