ManpowerGroup Leads Q2 Staffing Earnings, Barrett Lags

Earnings
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Summary · why it matters

ManpowerGroup topped Q2 earnings among seven professional staffing and HR solutions companies tracked, with revenues of $4.86 billion, up 7.5% year on year and exceeding analyst expectations by 2.9%. The group's revenues beat consensus estimates by 2.3% on average, while next-quarter guidance came in 2% below. First Advantage also outperformed with revenues of $448.8 million, up 14.9% and beating estimates by 8.2%, while Barrett Business Services was the weakest, with revenues of $319.3 million, up 3.8% but missing EPS estimates significantly. Robert Half reported revenues of $1.34 billion, down 2.4% but beating estimates by 1%, and Insperity posted revenues of $1.69 billion, up 1.7% and topping expectations by 0.7%. Since reporting, ManpowerGroup shares have risen 59.2% to $62.13, while Barrett shares have fallen 14.9% to $34.15.

Impact on stocks 6

Industrials± Mixed · 6 stocks
ManpowerGroup Inc
MAN
▲ PositiveCapitalrelevance

ManpowerGroup topped Q2 earnings with revenues beating expectations by 2.9% and shares up 59.2%.

Insperity Inc
NSP
▲ PositiveCapitalrelevance

Insperity revenues topped expectations by 0.7%.