Manpower (MAN) Q3 Earnings on the Horizon: Analysts' Insights on Key Performance Measures

In its upcoming report, ManpowerGroup (MAN) is predicted by Wall Street analysts to post quarterly earnings of $1.01 per share, reflecting an increase of 21.7% compared to the same period last year. Revenues are forecasted to be $4.91 billion, representing a year-over-year increase of 5.9%.

The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.

Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.

While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights.

That said, let's delve into the average estimates of some Manpower metrics that Wall Street analysts commonly model and monitor.

According to the collective judgment of analysts, 'Revenues from Services- Americas' should come in at $1.21 billion. The estimate suggests a change of +10.3% year over year.

The consensus estimate for 'Revenues from Services- APME' stands at $521.79 million. The estimate indicates a year-over-year change of +0.3%.

Analysts forecast 'Revenues from Services- Southern Europe' to reach $2.27 billion. The estimate points to a change of +3.1% from the year-ago quarter.

Analysts predict that the 'Revenues from Services- Northern Europe' will reach $876.01 million. The estimate indicates a change of +7.3% from the prior-year quarter.

The combined assessment of analysts suggests that 'Revenues from Services- Southern Europe- Other Southern Europe' will likely reach $614.43 million. The estimate indicates a year-over-year change of +7.9%.

Analysts expect 'Revenues from Services- Southern Europe- France' to come in at $1.18 billion. The estimate points to a change of +0.8% from the year-ago quarter.

The collective assessment of analysts points to an estimated 'Revenues from Services- Americas- United States' of $723.53 million. The estimate suggests a change of +4.7% year over year.

Based on the collective assessment of analysts, 'Revenues from Services- Americas- Other Americas' should arrive at $488.69 million. The estimate indicates a change of +19.8% from the prior-year quarter.

The consensus among analysts is that 'Revenues from Services- Southern Europe- Italy' will reach $489.86 million. The estimate points to a change of +5.9% from the year-ago quarter.

Analysts' assessment points toward 'Operating Unit Profit- Americas' reaching $47.47 million. The estimate is in contrast to the year-ago figure of $37.90 million.

It is projected by analysts that the 'Operating Unit Profit- APME' will reach $24.64 million. The estimate is in contrast to the year-ago figure of $26.80 million.

The average prediction of analysts places 'Operating Unit Profit- Southern Europe' at $74.46 million. Compared to the present estimate, the company reported $65.60 million in the same quarter last year.

Manpower shares have witnessed a change of -6.5% in the past month, in contrast to the Zacks S&P 500 composite's +2.4% move. With a Zacks Rank #3 (Hold), MAN is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .

Zacks' Research Chief Names "Stock Most Likely to Double"

Our team of experts has just released the 5 stocks with the greatest probability of gaining +100% or more in the coming months. Of those 5, Director of Research Sheraz Mian highlights the one stock set to climb highest.

Of course, all our elite picks aren't winners, but this one could far surpass earlier Zacks' Stocks Set to Double like D-Wave Quantum, which shot up +680.1%.

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

This article originally published on Zacks Investment Research (zacks.com).

Zacks Investment Research