earnings
confidence high
sentiment positive
materiality 0.75
ManpowerGroup Q3 EPS $2.13 vs $1.77 YoY; revenue $4.8B down 7% as reported, up 5% constant currency
ManpowerGroup Inc.
2022-Q3 EPS reported
$6.10
revenue$15,018,300,000
- Net earnings $111.3M ($2.13 diluted EPS); adjusted EPS $2.21 excluding $0.08 integration costs.
- Revenue $4.8B; gross profit margin 18.3% on improved mix and strong perm fees.
- Experis and Talent Solutions brands grew strongly; Manpower brand saw modest CC growth.
- Repurchased $85M of common stock and repaid remaining $50M of U.S. Experis acquisition debt.
- Q4 guidance: diluted EPS $2.11-$2.19 including ~$0.38 FX headwind; excludes $3-5M integration costs.