ManpowerGroup (NYSE:MAN) Posts Earnings Results, Beats Expectations By $0.03 EPS

ManpowerGroup (NYSE:MAN) issued its quarterly earnings data on Thursday. The business services provider reported $0.99 earnings per share for the quarter, topping analysts’ consensus estimates of $0.96 by $0.03, FiscalAI reports. The business had revenue of $4.86 billion during the quarter, compared to the consensus estimate of $4.72 billion. ManpowerGroup had a net margin of 0.56% and a return on equity of 7.45%. During the same quarter in the prior year, the firm posted ($1.44) earnings per share. ManpowerGroup updated its Q3 2026 guidance to 0.960-1.060 EPS.

Here are the key takeaways from ManpowerGroup’s conference call:

• ManpowerGroup said second-quarter results came in ahead of expectations, with reported revenue of $4.9 billion, constant-currency growth of 6%, and adjusted EBITDA margin of 2.1%.
• Manpower continued to lead the turnaround, posting its fifth straight quarter of growth and 8% constant-currency revenue growth, with especially strong performance in the U.S. and improving demand across key verticals.
• Experis and Talent Solutions both improved sequentially, helped by stronger pipeline momentum and demand for cloud migration, application development, data, AI, RPO, and MSP services.
• The company highlighted progress on its transformation program, including a completed sale of Jefferson Wells’ U.S. business and a plan to deliver $200 million in permanent cost savings by 2028.
• Management said its AI initiatives are already producing results, including a 67% decrease in time to fill for early interview tools, and it expects AI-driven partnerships to generate $50 million to $100 million in revenue this year.

ManpowerGroup Stock Performance

Shares of MAN opened at $52.31 on Friday. The stock has a market capitalization of $2.43 billion, a P/E ratio of 23.78 and a beta of 0.73. ManpowerGroup has a 1 year low of $25.15 and a 1 year high of $55.70. The company’s fifty day moving average is $33.71 and its two-hundred day moving average is $31.12. The company has a debt-to-equity ratio of 0.27, a quick ratio of 1.12 and a current ratio of 1.04.

ManpowerGroup Dividend Announcement

The business also recently announced a dividend, which was paid on Monday, June 15th. Shareholders of record on Monday, June 1st were paid a $0.72 dividend. This represents a dividend yield of 437.0%. The ex-dividend date was Monday, June 1st. ManpowerGroup’s dividend payout ratio (DPR) is -389.19%.

Wall Street Analysts Forecast Growth

Several brokerages have recently issued reports on MAN. Weiss Ratings reiterated a “sell (d)” rating on shares of ManpowerGroup in a research report on Wednesday, June 24th. Barclays dropped their price target on ManpowerGroup from $35.00 to $30.00 and set an “equal weight” rating for the company in a research report on Monday, April 13th. The Goldman Sachs Group raised their price target on shares of ManpowerGroup from $36.00 to $57.00 and gave the stock a “neutral” rating in a report on Friday. Truist Financial boosted their price objective on shares of ManpowerGroup from $34.00 to $50.00 and gave the company a “hold” rating in a report on Friday. Finally, Wall Street Zen cut ManpowerGroup from a “buy” rating to a “hold” rating in a research note on Saturday, May 16th. Three analysts have rated the stock with a Buy rating, five have issued a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Hold” and an average price target of $51.38.

Institutional Trading of ManpowerGroup

Several large investors have recently bought and sold shares of the company. AQR Capital Management LLC grew its stake in shares of ManpowerGroup by 60.3% during the 3rd quarter. AQR Capital Management LLC now owns 3,704,326 shares of the business services provider’s stock valued at $140,394,000 after buying an additional 1,393,622 shares during the period. Balyasny Asset Management L.P. lifted its stake in shares of ManpowerGroup by 696.9% in the second quarter. Balyasny Asset Management L.P. now owns 991,063 shares of the business services provider’s stock worth $40,039,000 after acquiring an additional 866,693 shares in the last quarter. Millennium Management LLC boosted its stake in ManpowerGroup by 77.3% during the 4th quarter. Millennium Management LLC now owns 1,525,936 shares of the business services provider’s stock valued at $45,366,000 after acquiring an additional 665,135 shares during the last quarter. Freestone Grove Partners LP acquired a new stake in ManpowerGroup during the fourth quarter valued at approximately $14,420,000. Finally, Schroder Investment Management Group increased its holdings in shares of ManpowerGroup by 24.6% in the 4th quarter. Schroder Investment Management Group now owns 2,247,476 shares of the business services provider’s stock valued at $66,817,000 after acquiring an additional 443,790 shares during the last quarter. Institutional investors and hedge funds own 98.03% of the company’s stock.

ManpowerGroup News Summary

Here are the key news stories impacting ManpowerGroup this week:

• Positive Sentiment: ManpowerGroup reported Q2 EPS of $0.99, topping estimates of $0.96, while revenue of about $4.86 billion also beat expectations. Results improved year over year, helped by stronger demand across multiple regions and tighter cost control. ManpowerGroup Reports 2nd Quarter 2026 Results
• Positive Sentiment: The company guided Q3 EPS to $0.96-$1.06, which brackets or slightly exceeds Street expectations, reinforcing confidence that recent operating momentum can continue. ManpowerGroup forecasts Q3 EPS of $0.96-$1.06 as it targets $200M in 2028 cost savings
• Positive Sentiment: Analysts raised price targets after the beat, including Robert W. Baird boosting its target to $72 from $45 and maintaining an outperform rating, signaling improved Wall Street sentiment. ManpowerGroup Analysts Boost Their Forecasts After Strong Q2 Results
• Neutral Sentiment: Truist also raised its target to $50 from $34 but kept a hold rating, suggesting the stock may be fairly valued after the rally even as expectations improve. Benzinga/The Fly report on Truist price target update

ManpowerGroup Company Profile

ManpowerGroup (NYSE: MAN) is a global leader in workforce solutions, offering a broad spectrum of staffing and talent management services. Founded in 1948 and headquartered in Milwaukee, Wisconsin, the company has grown from a temporary staffing firm to a diversified provider of workforce consultancy, recruitment, and outsourcing services. ManpowerGroup is publicly traded on the New York Stock Exchange under the ticker MAN.

The company’s service offerings are organized into four principal brands.