Manpower misses 1Q profit forecasts

Associated Press |

MILWAUKEE (AP) _ ManpowerGroup Inc. (MAN) on Friday reported first-quarter earnings of $74.4 million.

On a per-share basis, the Milwaukee-based company said it had profit of $1.09.

The results fell short of Wall Street expectations. The average estimate of eight analysts surveyed by Zacks Investment Research was for earnings of $1.11 per share.



The staffing company posted revenue of $4.76 billion in the period, beating Street forecasts. Five analysts surveyed by Zacks expected $4.69 billion.

Manpower shares have increased 16 percent since the beginning of the year. The stock has climbed 21 percent in the last 12 months.

This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAN at https://www.zacks.com/ap/MAN

Keywords: ManpowerGroup, Earnings Report

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