[ad_1]
ManpowerGroup MAN reported its Q3 earnings results on Thursday, October 20, 2022 at 07:30 AM.
Here’s what investors need to know about the announcement.
Earnings
ManpowerGroup missed estimated earnings by 0.9%, reporting an EPS of $2.21 versus an estimate of $2.23.
Revenue was down $340.00 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 1.02% drop in the share price the next day.
Here’s a look at ManpowerGroup’s past performance:
| Quarter | Q2 2022 | Q1 2022 | Q4 2021 | Q3 2021 |
|---|---|---|---|---|
| EPS Estimate | 2.34 | 1.47 | 1.8 | 1.90 |
| EPS Actual | 2.33 | 1.88 | 2.2 | 1.93 |
| Revenue Estimate | 5.27B | 4.67B | 4.77B | 5.53B |
| Revenue Actual | 5.07B | 5.14B | 5.38B | 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 Q4 2022, expecting earnings between $2.11 and $2.19 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.
[ad_2]
Image and article originally from www.benzinga.com. Read the original article here.