UPDATE: ManpowerGroup Q3 EPS $1.38 Beats $1.35 Estimate, Sales $4.68B Miss $4.70B Estimate
Portfolio Pulse from Benzinga Newsdesk
ManpowerGroup (NYSE:MAN) reported Q3 earnings of $1.38 per share, beating the analyst consensus estimate of $1.35 by 2.22 percent. However, this is a 37.56 percent decrease from the same period last year. The company also reported quarterly sales of $4.68 billion, missing the analyst consensus estimate of $4.70 billion by 0.51 percent, a 2.60 percent decrease from the same period last year.
October 19, 2023 | 12:25 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
ManpowerGroup's Q3 earnings beat estimates but are down 37.56% YoY. Sales missed estimates and are down 2.60% YoY.
ManpowerGroup's earnings beat estimates, which is positive. However, the YoY decrease in earnings and sales, as well as the missed sales estimate, are negative factors that could impact the stock negatively in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100