Earnings Outlook For ManpowerGroup
Portfolio Pulse from Benzinga Insights
ManpowerGroup (NYSE:MAN) is expected to release its quarterly earnings report on January 30, 2024, with an estimated EPS of $1.20. Investors are looking for an earnings beat and positive guidance for the next quarter. Historically, ManpowerGroup's stock price has shown sensitivity to earnings performance and guidance. In the last quarter, the company beat EPS estimates by $0.03, leading to a 0.78% stock price increase the following day. Over the past year, shares have declined by 12.43%, indicating potential concern among long-term shareholders ahead of the earnings release.
January 29, 2024 | 3:01 pm
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ManpowerGroup is anticipated to report quarterly earnings with an estimated EPS of $1.20. A beat on this estimate and positive future guidance could positively impact the stock price, while a miss or negative guidance could lead to a decline.
The short-term impact on MAN's stock price will likely hinge on whether the company beats the earnings estimate and provides positive guidance. Historical data shows that the stock is sensitive to earnings outcomes. However, given the recent negative 12-month performance, investor sentiment may already be cautious, which could moderate the impact of the earnings report.
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IMPORTANCE 90
RELEVANCE 100