Manpower Beats 4th Qtr Estimates (MAN)

Milwaukee, Wisconsin-based Manpower Inc. MAN released financial results on Wednesday morning that beat Wall Street estimates. Manpower Inc announced that its 4th quarter net loss of $350.4 million, or $4.29 per share, compared to net earnings of $29.1 million, or 37 cents per share, a year earlier. Excluding special items, the company reported earnings of 66 cents per share. Manpower Inc reported revenue of $5.21 billion, up 18.1% from $4.41 billion a year earlier. According to a poll of analysts by Thomson Reuters, the average Wall Street estimate called for earnings of 61 cents per share, on revenue of $5.17 billion. Manpower Inc. (MAN) finished the previous trading day at $65.90 per share. The consensus price target of analysts covering the company's stock is $71.30 per share. Manpower Inc offers employers a range of services and solutions for the entire employment and business cycle including permanent, temporary and contract recruitment; employee assessment and selection; training; outplacement; outsourcing and consulting. Read more from Benzinga's Company news.