{"podcast":{"title":"Charged Alpha Stock Encyclopedia","slug":"charged-alpha-stock-encyclopedia-7819792","podcast_index_feed_id":7819792,"rss_url":"https://feed.podbean.com/chargedalpha/feed.xml","website_url":"https://chargedalpha.podbean.com","image_url":"https://pbcdn1.podbean.com/imglogo/image-logo/22241603/charged_alpha_logo_2048.png","author":"Colton Thomas","episode_count":1034,"summary":"Charged Alpha reviews earnings for each stock in the Russel 1000 every quarter. Each podcast gives thorough analysis, along with an in-depth profile in the beginning of the episode of the company, what they do, how they earn money and what to look for.","last_synced_at":"2026-07-18T10:20:29.083898+00:00","page_url":"https://stenobird.com/podcast/charged-alpha-stock-encyclopedia-7819792"},"episode":{"title":"ManpowerGroup Stock (MAN): It Already DOUBLED — Is the Easy Money Gone? | Q2 2026 Earnings","slug":"manpowergroup-stock-man-it-already-doubled-is-the-easy-money-gone-q2-2026-earnings","published_at":"2026-07-17T19:19:16+00:00","page_url":"https://stenobird.com/podcast/charged-alpha-stock-encyclopedia-7819792/manpowergroup-stock-man-it-already-doubled-is-the-easy-money-gone-q2-2026-earnings","show_page_url":"https://stenobird.com/podcast/charged-alpha-stock-encyclopedia-7819792","url":"https://chargedalpha.podbean.com/e/manpowergroup-stock-man-it-already-doubled-%e2%80%94-is-the-easy-money-gone-q2-2026-earnings/","audio_url":"https://mcdn.podbean.com/mf/web/n3lnu05xn3w7fd0v/audio_5.mp3","summary":"ManpowerGroup (MAN) Q2 2026 — ManpowerGroup (MAN) reported Q2 2026: revenue $4.86B (+8% reported, +6% constant currency), ahead of the ~$4.72B estimate; adjusted EPS $0.99 (beat ~$0.96, +27% cc) and GAAP EPS $1.13 (vs a $1.44 loss a year ago) — though GAAP was flattered by a net +$0.14 of one-off items, chiefly the $88M sale of Jefferson Wells. Operating profit was $112M, a razor-thin 2.3% margin. The stock had already DOUBLED off its 52-week low of ~$25 to ~$52 (+106%) ahead of the print, spiked to a fresh 52-week high near $56 on the day, then faded to roughly flat. By region, Southern Europe is ~47% of revenue ($2.31B; France alone $1.18B) but earned just $75M of profit, while the Americas ($1.21B revenue, +14%) earned nearly as much ($72M, +99%) as U.S. profit nearly tripled; Northern Europe was barely breakeven ($2M OUP). Q3 guide: adjusted EPS $0.96–$1.06 (mid $1.01), with a 2-cent FX headwind and a 44% tax rate. Capital return was reset — the dividend was cut 53% in 2025 ($1.54 to $0.72 semi-annual, ~2.8% yield now) and buybacks are paused; net debt ~$0.86B with cash down to $181M. On mid-cycle EPS of ~$5.00 at a ~10.5x normalized P/E, our fair value is ~$52 — essentially the price. Wall Street: Hold (16 of 29), avg target ~$54. Our call: HOLD, 3/5 — a real cyclical recovery, but fully priced after a +106% double. ManpowerGroup is one of the world's largest staffing and workforce-solutions firms — ~$19B in annual revenue across 70+ countries, run through three brands (Manpower, Experis, Talent Solutions). It is a low-margin (~2% operating margin), deeply cyclical business heavily concentrated in France and Southern Europe. In Q2 2026 it posted a solid beat off a low bar: revenue $4.86B (+8% reported, +6% cc) and adjusted EPS $0.99 vs ~$0.96 expected (+27% cc), w…","meta_description":"ManpowerGroup (MAN) Q2 2026 — ManpowerGroup (MAN) reported Q2 2026: revenue $4.86B (+8% reported, +6% constant currency), ahead of the ~$4.72B estimate; a…","key_points":[],"chapters":[],"topics":[],"duration_seconds":894,"processing_state":"not_requested","actions":[{"name":"request_transcript","method":"POST","url":"https://stenobird.com/v1/public/podcasts/charged-alpha-stock-encyclopedia-7819792/episodes/manpowergroup-stock-man-it-already-doubled-is-the-easy-money-gone-q2-2026-earnings/transcription-requests","description":"Idempotently request low-priority transcript generation for this episode."},{"name":"read_markdown","method":"GET","url":"https://stenobird.com/podcast/charged-alpha-stock-encyclopedia-7819792/manpowergroup-stock-man-it-already-doubled-is-the-easy-money-gone-q2-2026-earnings.md","description":"Read the agent-friendly Markdown representation of this episode resource."}]}}