earnings
confidence high
sentiment positive
materiality 0.75
ManpowerGroup Q2 EPS $2.29 beats prior year; revenues flat on FX but +6% CC
ManpowerGroup Inc.
2022-Q2 EPS reported
$3.97
revenue$10,217,400,000
- Q2 net earnings $122.2M, diluted EPS $2.29 vs $2.02 YoY; adjusted EPS $2.33.
- Revenues $5.1B, -4% reported, +6% constant currency; gross margin 18.2%.
- Repurchased $100M common stock; refinanced €400M note to mature 2027.
- Q3 guidance: diluted EPS $2.19-$2.27, including $0.29 FX headwind.
- Strong performance in Experis and Talent Solutions; supply chain disruptions in European markets.