ManpowerGroup Q2 Adj $1.30 Beats $1.28 Estimate, Sales $4.52B Inline
Portfolio Pulse from Benzinga Newsdesk
ManpowerGroup (NYSE:MAN) reported Q2 earnings of $1.30 per share, beating the analyst estimate of $1.28. However, this is a 17.72% decrease from last year's $1.58 per share. Quarterly sales were $4.52 billion, meeting estimates but down 6.92% from $4.86 billion last year.
July 18, 2024 | 11:31 am
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ManpowerGroup's Q2 earnings beat estimates at $1.30 per share, but both earnings and sales have decreased compared to last year. Sales met expectations at $4.52 billion.
While ManpowerGroup's earnings per share beat analyst estimates, the year-over-year decline in both earnings and sales may concern investors. The neutral impact on the stock price is expected as the positive earnings surprise is offset by the negative year-over-year performance.
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