earnings
confidence high
sentiment positive
materiality 0.80
ManpowerGroup Q1 adjusted EPS $1.88, revenue +10% CC; guides Q2 $2.31-$2.39
ManpowerGroup Inc.
2022-Q1 EPS reported
$1.68
revenue$5,143,300,000
- Net earnings $91.6M ($1.68 diluted EPS) vs $62.0M ($1.11) a year ago; adjusted EPS $1.88 excl. $0.20 integration & Russia costs.
- Revenue $5.1B, +4% as reported, +10% constant currency (6% organic CC); gross profit margin 17.4%.
- Experis revenue +31% (+15% organic CC); Talent Solutions +10% (+13% CC); Manpower +5% organic CC.
- Repurchased $60M of common stock in Q1; reduced acquisition debt from $75M to $50M.
- Q2 EPS guidance $2.31-$2.39 (incl. $0.19 FX headwind); integration costs $4M-$6M excluded.