ManpowerGroup Fourth Quarter Earnings Sneak Peek

The Cheat Sheet

ManpowerGroup will unveil its latest earnings on Wednesday, February 1, 2012. Manpower is in the employment services industry whose five brands are Manpower, Manpower Professional, Elan, Jefferson Wells, and Right Management. The company provides a range of services for the entire employment and business cycle.

ManpowerGroup Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 88 cents per share, a rise of 33.3% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved down from 90 cents. Between one and three months ago, the average estimate moved down. It has been unchanged at 88 cents during the last month. For the year, analysts are projecting profit of $3.14 per share, a rise of 82.6% from last year.

Past Earnings Performance: Last quarter, the company beat estimates by 2 cents, coming in at net income of 97 cents a share versus the estimate of profit of 95 cents a share. It marked the fourth straight quarter of beating estimates.

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Wall St. Revenue Expectations: Analysts are projecting a rise of 6.9% in revenue from the year-earlier quarter to $5.57 billion.

Analyst Ratings: Analysts are bullish on this stock with nine analysts rating it as a buy, none rating it as a sell and three rating it as a hold.

A Look Back: In the third quarter, profit rose 55.2% to $79.6 million (97 cents a share) from $51.3 million (62 cents a share) the year earlier, exceeding analyst expectations. Revenue rose 16.3% to $5.78 billion from $4.97 billion.

Key Stats:

The company has enjoyed double-digit year-over-year percentage revenue growth for the past four quarters. Over that span, the company has averaged growth of 20.5%, with the biggest boost coming in the first quarter when revenue rose 23.7% from the year earlier quarter.

Competitors to Watch: Robert Half Intl. Inc. , Kelly Services, Inc. , SFN Group Inc , Barrett Business Services, Inc. , Kforce Inc. , Hudson Highland Group, Inc. , TrueBlue, Inc. , Mastech Holdings, Inc. , and General Employment Enterprises, Inc. .

Stock Price Performance: During November 28, 2011 to January 26, 2012, the stock price had risen $8.30 (24.5%) from $33.91 to $42.21. The stock price saw one of its best stretches over the last year between June 29, 2011 and July 7, 2011 when shares rose for six-straight days, rising 10.3% (+$5.41) over that span. It saw one of its worst periods between July 21, 2011 and August 8, 2011 when shares fell for 13-straight days, falling 26.8% (-$14.58) over that span.

(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)

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