Manpower: 1Q Earnings Snapshot

Manpower: 1Q Earnings Snapshot

Associated Press

MILWAUKEE (AP) _ ManpowerGroup Inc. (MAN) on Thursday reported first-quarter net income of $53.5 million.

On a per-share basis, the Milwaukee-based company said it had profit of 88 cents. Earnings, adjusted for restructuring costs, were $1.39 per share.

The results beat Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $1.35 per share.

The staffing company posted revenue of $5.04 billion in the period, also surpassing Street forecasts. Four analysts surveyed by Zacks expected $4.92 billion.

Manpower shares have climbed 34 percent since the beginning of the year. The stock has fallen 25 percent in the last 12 months.

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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