ManpowerGroup jumps after Q2 earnings beat - MAN News | RalliesManpowerGroup jumps after Q2 earnings beat
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MAN• Shares rise after second-quarter earnings beat
- Shares of employment services provider ManpowerGroup
MAN.N gain 11.5% to $43.61 in premarket trading.
- The company beats second-quarter analysts' earnings estimates, driven by strong demand in the U.S., LatAm among other areas.
- MAN posts Q2 adjusted EPS of 99 cents and revenue of $4,860.2 million vs EPS estimates of 95 cents and $4,721 million - LSEG data.
- The company expects Q3 diluted EPS between $0.96 and $1.06, including a 2-cent currency headwind.
- Eight out of 11 analysts rate the stock "hold"; their median PT is $37, as per data compiled by LSEG.
- Up to the last close, the stock is up 31.2% YTD.
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