BUZZ-ManpowerGroup falls as Q1 adjusted profit misses estimates

Reuters
17 Apr
BUZZ-ManpowerGroup falls as Q1 adjusted profit misses estimates

** Shares of employment services provider ManpowerGroup MAN.N fall 9.5% to $44.87 premarket

** Co reports Q1 adj. profit of $0.44 per share below analysts' estimate of $0.50 per share, data compiled by LSEG

** Anticipates diluted EPS in Q2 between $0.65 and $0.75, below analysts' estimate of $0.95

** "Demand outlook is less clear based on increased caution following trade policy developments," says Chair and CEO Jonas Prising

** As of last close, stock down ~14.22% YTD

(Reporting by Megha Kumari)

((Megha.Kumari@thomsonreuters.com;))

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10