We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
ManpowerGroup (MAN) to Report Q3 Earnings: What to Expect?
Read MoreHide Full Article
ManpowerGroup Inc. (MAN - Free Report) is scheduled to report third-quarter 2020 results on Oct 20, before the bell.
The company has a decent earnings surprise history. Earnings surpassed the Zacks Consensus Estimate in two of the last four quarters and missed estimates in two others, the average beat being 10.2%.
Expectations This Time Around
ManpowerGroup has been witnessing material impact of the coronavirus pandemic on its business and third-quarter results are expected to have borne the brunt of the same. Many of the company’s clients have carried out hiring freezes in response to the pandemic and this is expected to have negatively impacted both top and bottom lines.
The Zacks Consensus Estimate for revenues is pegged at $4.2 billion, indicating year-over-year decline of 19.6%. The consensus estimate for earnings stands at 61 cents and calls for a massive year-over-year decline of 68.2%.
What Our Model Says
Our proven Zacks model does not conclusively predict an earnings beat for ManpowerGroup this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
ManpowerGroup has an Earnings ESP of 0.00% and Zacks Rank #2.
Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings this season.
Cardtronics has an Earnings ESP of +56.78% and currently has a Zacks Rank of 3.
Aptiv (APTV - Free Report) has an Earnings ESP of +21.75% and currently has a Zacks Rank of 3.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
Image: Bigstock
ManpowerGroup (MAN) to Report Q3 Earnings: What to Expect?
ManpowerGroup Inc. (MAN - Free Report) is scheduled to report third-quarter 2020 results on Oct 20, before the bell.
The company has a decent earnings surprise history. Earnings surpassed the Zacks Consensus Estimate in two of the last four quarters and missed estimates in two others, the average beat being 10.2%.
Expectations This Time Around
ManpowerGroup has been witnessing material impact of the coronavirus pandemic on its business and third-quarter results are expected to have borne the brunt of the same. Many of the company’s clients have carried out hiring freezes in response to the pandemic and this is expected to have negatively impacted both top and bottom lines.
The Zacks Consensus Estimate for revenues is pegged at $4.2 billion, indicating year-over-year decline of 19.6%. The consensus estimate for earnings stands at 61 cents and calls for a massive year-over-year decline of 68.2%.
What Our Model Says
Our proven Zacks model does not conclusively predict an earnings beat for ManpowerGroup this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat. But that’s not the case here. You can uncover the best stocks to buy or sell before they’re reported with our Earnings ESP Filter.
ManpowerGroup has an Earnings ESP of 0.00% and Zacks Rank #2.
ManpowerGroup Inc. Price and EPS Surprise
ManpowerGroup Inc. price-eps-surprise | ManpowerGroup Inc. Quote
Stocks That Warrant a Look
Here are a few stocks from the broader Zacks Business Services sector that investors may consider as our model shows that these have the right combination of elements to beat on earnings this season.
CoreLogic has an Earnings ESP of +7.12% and carries a Zacks Rank #1. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Cardtronics has an Earnings ESP of +56.78% and currently has a Zacks Rank of 3.
Aptiv (APTV - Free Report) has an Earnings ESP of +21.75% and currently has a Zacks Rank of 3.
The Hottest Tech Mega-Trend of All
Last year, it generated $24 billion in global revenues. By 2020, it's predicted to blast through the roof to $77.6 billion. Famed investor Mark Cuban says it will produce "the world's first trillionaires," but that should still leave plenty of money for regular investors who make the right trades early.
See Zacks' 3 Best Stocks to Play This Trend >>