ManpowerGroup Q3 EPS $1.38 Beats $1.35 Estimate, Sales $4.68B Miss $4.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
ManpowerGroup's Q3 earnings per share were $0.60, down from $2.13 in the same period last year. The company's quarterly sales of $4.675 billion missed the analyst consensus estimate of $4.70 billion by 0.53 percent, a 2.62 percent decrease from last year's sales of $4.80 billion.
October 19, 2023 | 11:37 am
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NEGATIVE IMPACT
ManpowerGroup's Q3 earnings and sales missed estimates, indicating a potential negative impact on the stock.
ManpowerGroup's lower than expected Q3 earnings and sales could lead to a decrease in investor confidence, potentially causing the stock price to drop in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100