Earnings Outlook For ManpowerGroup
Portfolio Pulse from Benzinga Insights
ManpowerGroup (NYSE:MAN) is set to release its quarterly earnings report on October 19, 2023. Analysts estimate an earnings per share (EPS) of $1.35. The company's stock price has historically been affected by its earnings performance and guidance. Last quarter, the company missed EPS by $0.04, resulting in a 5.42% drop in share price. Over the last 52-week period, shares are down 4.82%.
October 18, 2023 | 3:01 pm
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NEGATIVE IMPACT
ManpowerGroup's upcoming earnings report could impact its stock price. Last quarter's EPS miss led to a 5.42% drop in share price. Over the past year, shares have declined by 4.82%.
ManpowerGroup's stock price has historically been affected by its earnings performance. Given that the company missed its EPS estimate last quarter, which led to a significant drop in its share price, and the overall negative return over the past year, it's likely that the upcoming earnings report could have a negative impact on the stock price, especially if the company fails to meet the EPS estimate again.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100