ManpowerGroup MAN reported its Q2 earnings results on Tuesday, July 19, 2022 at 07:30 AM.
Here's what investors need to know about the announcement.
Earnings
ManpowerGroup missed estimated earnings by 0.43%, reporting an EPS of $2.33 versus an estimate of $2.34.
Revenue was down $203.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.41 which was followed by a 0.93% increase in the share price the next day.
Here's a look at ManpowerGroup's past performance:
Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
---|---|---|---|---|
EPS Estimate | 1.47 | 1.8 | 1.90 | 1.41 |
EPS Actual | 1.88 | 2.2 | 1.93 | 2.02 |
Revenue Estimate | 4.67B | 4.77B | 5.53B | 5.15B |
Revenue Actual | 5.14B | 5.38B | 5.14B | 5.28B |
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 Q3 2022, expecting earnings between $2.19 and $2.27 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.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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