ManpowerGroup (NYSE:MAN) is set to announce second quarter earning results on Monday 20th July 2020, before market open.
Analysts surveyed by Thomson Reuters are predicting, MAN to report 2Q20 income of $ 0.17 per share from revenue of $ 3591.50 million.
For the full year, analysts anticipate top line of $ 16989.80 million, while looking forward to income of $ 2.87 per share bottom line.
Previous Quarter Performance
ManpowerGroup disclosed income for the first quarter of $ 0.82 per share, from the revenue of $ 4,619.00 million. The quarterly earnings decreased 41.01 percent while revenues decreased 7.12 percent compared with the same quarter last year.
According to street consensus, MAN was expected to report 1Q20 income of $ 0.75 per share from revenue of $ 4296.21 million. The bottom line results beat street analysts by $ 0.07 or 9.33 percent, at the same time, top line results outshined analysts by $ 322.79 million or 7.51 percent.
Historical Earnings Performance
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Stock Performance
According to the previous trading day, closing price of MAN was $ 72.91, representing a 47.08 % increase from the 52 week low of $ 49.57 and a 27.8 % decrease over the 52 week high of $ 100.99.
The company has a market capital of $ 4.23 billion and is part of the Industrials sector and Staffing & Outsourcing Services industry.
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Recent Analyst recommendations
On 14th July 2020, downgraded by Goldman Sachs Group to Sell from Neutral rating, with $ 54.00 target price.
Recent Stock Dividend Announcement
The board of directors has authorized semi-annual dividend of $ 1.09 per share on May 8, 2020. The dividend were payable on June 15, 2020 to holders of record as of the close of business on June 1, 2020 and ex-dividend date on May 29, 2020.
Conference Call
ManpowerGroup will be hosting a conference call at 8:30 AM eastern time on 20th July 2020, to discuss its 2Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.manpowergroup.com
ManpowerGroup Inc. provides workforce solutions and services in the Americas, Southern Europe, Northern Europe, and the Asia Pacific Middle East region. The company offers recruitment services, including permanent, temporary, and contract recruitment of professionals, as well as administrative and industrial positions under the Manpower and Experis brands.
