27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
ManpowerGroup (NYSE:MAN) reported its Q1 earnings results on Thursday, April 20, 2023 at 07:30 AM.
Here's what investors need to know about the announcement.
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Earnings
ManpowerGroup missed estimated earnings by 1.23%, reporting an EPS of $1.61 versus an estimate of $1.63.
Revenue was down $391.00 million from the same period last year.
Past Earnings Performance
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Last quarter the company missed on EPS by $0.03 which was followed by a 2.09% increase in the share price the next day.
Here's a look at ManpowerGroup's past performance:
| Quarter | Q4 2022 | Q3 2022 | Q2 2022 | Q1 2022 |
|---|---|---|---|---|
| EPS Estimate | 2.11 | 2.23 | 2.34 | 1.47 |
| EPS Actual | 2.08 | 2.21 | 2.33 | 1.88 |
| Revenue Estimate | 4.76B | 5.04B | 5.27B | 4.67B |
| Revenue Actual | 4.81B | 4.80B | 5.07B | 5.14B |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
ManpowerGroup management provided guidance for Q2 2023, expecting earnings between $1.58 and $1.68 per share.
To track all earnings releases for ManpowerGroup visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.