Manpower Inc. (NYSE:MAN) delivered a profit and beat Wall Street’s expectations, AND beat the revenue expectation. The revenue beat is a positive sign to shareholders seeking high growth out of the company.
Manpower Inc. Earnings Cheat Sheet
Results: Adjusted Earnings Per Share increased 38.16% to $1.05 in the quarter versus EPS of $0.76 in the year-earlier quarter.
Revenue: Decreased 3.2% to $5.04 billion from the year-earlier quarter.
Actual vs. Wall St. Expectations: Manpower Inc. reported adjusted EPS income of $1.05 per share. By that measure, the company beat the mean analyst estimate of $0.89. It beat the average revenue estimate of $5 billion.
Quoting Management: ManpowerGroup Chairman and CEO Jeffrey A. Joerres, said, “The second quarter results are solid evidence of our team’s strong execution of our recalibration efforts and a stabilizing global economy. We continue to make progress on improving our business mix with our ManpowerGroup Solutions, led by Recruitment Process Outsourcing growing at 19%.”
Key Stats (on next page)…