Manpower: 2Q Earnings Snapshot
MILWAUKEE (AP) _ ManpowerGroup Inc. (MAN) on Friday reported second-quarter net income of $127.3 million.
The Milwaukee-based company said it had net income of $2.11 per share. Earnings, adjusted for non-recurring gains, came to $2.05 per share.
The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.99 per share.
The staffing company posted revenue of $5.37 billion in the period, which fell short of Street forecasts. Four analysts surveyed by Zacks expected $5.43 billion.
Manpower shares have increased 39% since the beginning of the year. The stock has increased 4% in the last 12 months.