ManpowerGroup 2Q Earnings Pregame Scorecard
ManpowerGroup (NYSE:MAN) has beaten analyst's estimates in each of the last five quarters and will try to do so again on Friday, July 20, 2012.
Expectations
Analysts currently expect ManpowerGroup to come in with earnings of 73 cents per share on revenues of $5.23 billion. Estimates from analysts range from 69 cents per share to 76 cents per share. Over the past three months, the average estimate has moved down from 74 cents.
Last Quarter's Results
In the first quarter, profit rose 12.6% to $40.2 million (50 cents a share) from $35.7 million (43 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 0.5% to $5.1 billion from $5.07 billion.
Stock Ratings
Analysts are bullish on the stock as nine analysts rate it as a buy and there are no sell ratings. That rating hasn't budged in three months as the average analyst rating of the stock has remained steady.
Stock Movement
The stock price has been falling recently The share price has fallen $3.74 since July 3, 2012. Looking at change over the last three months, April 18, 2012 and July 13, 2012, the stock price fell $10.16 (-23.1%), from $44.07 to $33.91.
Company Fundamental Trends On the top line, the company is looking to build on four-straight revenue increases heading into this earnings announcement. Revenue rose 23.6% in the second quarter of the last fiscal year, 16.3% in the third quarter of the last fiscal year and 5.3% in the fourth quarter of the last fiscal year before increasing again in the first quarter.
Summary
Reporting Period: 2Q
Date of Release: Friday, July 20, 2012 before market open
EPS: 73 cents
Revenue Estimate: $5.23 billion
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)