earnings
confidence high
sentiment positive
materiality 0.75
ManpowerGroup Q3 adj EPS $1.93, rev $5.1B; Q4 guide $1.99-2.07
ManpowerGroup Inc.
2021-Q3 EPS reported
$4.90
revenue$15,342,100,000
- Net earnings $97.7M ($1.77 diluted EPS) vs $10.3M ($0.18) a year ago; adjusted EPS $1.93 excl. restructuring & acquisition costs.
- Revenue $5.1B, up 12% YoY (11% constant currency); gross profit margin 16.6% on strong permanent recruitment.
- Experis, Talent Solutions, and Manpower segments all reported double-digit revenue growth; Experis surpassed pre-pandemic levels.
- Closed ettain group acquisition Oct 1, 2021; adds Experis IT resourcing capacity with $0.13 EPS accretion in Q4.
- Q4 2021 guidance: diluted EPS $1.99-$2.07, includes $0.13 from ettain and $0.04 unfavorable currency impact.