ManpowerGroup Q4 Adj EPS $1.45 Beats $1.20 Estimate
Portfolio Pulse from Benzinga Newsdesk
ManpowerGroup (NYSE:MAN) reported Q4 adjusted earnings of $1.45 per share, surpassing the analyst consensus estimate of $1.20 by 20.83%. However, this represents a 30.29% decrease from the $2.08 per share earned in the same quarter last year.
January 30, 2024 | 12:35 pm
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ManpowerGroup reported higher-than-expected Q4 earnings at $1.45 per share, beating estimates by 20.83%, but earnings are down 30.29% from the previous year.
The positive earnings surprise could lead to a short-term positive sentiment among investors, as beating estimates is generally seen as a strong performance indicator. However, the year-over-year decline in earnings might temper the market's reaction, suggesting a mixed impact on the stock price.
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