ManpowerGroup Sees EPS Growth In Q2 - Update
(RTTNews) - While reporting financial results for the first quarter on Thursday, workforce solutions company ManpowerGroup, Inc. (MAN) said it expects earnings for the second quarter in a range of $0.91 to $1.01 per share.
The guidance includes an estimated favorable currency impact of 5 cents and a 43% effective tax rate.
The company said its expanded global strategic transformation program is now expected to deliver $200 million in permanent cost savings in 2028.
MAN closed Wednesday's regular trading session on the NYSE at $30.73, up $1.50 or 5.13 percent.
For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com
Founded in the late 1990s by Andrew Mariathasan in New York, with the goal of covering Wall Street for a new generation of investors, RTTNews has expanded steadily over the years to become a trusted provider of content for a wide array of subjects across several platforms. RTT's Financial Newswire is relied upon by some of the world's largest financial institutions, including banks, brokerages, trading platforms and financial exchanges.