ManpowerGroup Q1 Adj. EPS $0.94 Beats $0.91 Estimate, Sales $4.40B Miss $4.42B Estimate
Portfolio Pulse from Benzinga Newsdesk
ManpowerGroup (NYSE:MAN) reported Q1 adjusted EPS of $0.94, surpassing the $0.91 estimate, but its sales of $4.40B fell short of the $4.42B estimate. This represents a 41.61% decrease in earnings and a 7.34% decrease in sales from the same period last year.
April 18, 2024 | 11:32 am
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ManpowerGroup's Q1 earnings surpassed expectations with an adjusted EPS of $0.94, but sales slightly missed estimates at $4.40B, indicating mixed financial health.
The beat on EPS estimates suggests operational efficiency and cost management, potentially positive for investor sentiment. However, the slight miss on sales forecasts could raise concerns about revenue growth and market demand, creating mixed implications for the stock in the short term.
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