8-K
filed October 19, 2023, 7:59 PM ET
ticker MAN
CIK 0000871763
earnings
confidence high
sentiment negative
materiality 0.75
ManpowerGroup Q3 EPS $0.60 vs $2.13; revenues $4.7B down 3%; guides Q4 $1.17-$1.27
ManpowerGroup Inc.
2023-Q3 EPS reported
$3.42
revenue$14,284,000,000
- Net earnings $30.3M ($0.60 diluted EPS) vs $111.3M ($2.13) YoY; adjusted EPS $1.38 excluding $0.78 in charges.
- Revenue $4.7B, -3% as reported (-5% constant currency); weak North America and Europe, solid LatAm and APAC.
- Q4 guidance: diluted EPS $1.17-$1.27, including $0.01 unfavorable currency impact; excludes restructuring and Argentina losses.
- Repurchased $50M of common stock in Q3; generated $245M free cash flow.
- Restructuring costs and Argentina non-cash currency translation losses reduced EPS by $0.78 in the quarter.
Key facts
Extracted from this filing and checked against the source text.
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
ManpowerGroup Inc. reported the three months ended September 30, 2023 results: revenue $4.7 billion, net income $30.3 million, EPS $0.60 per diluted share.
- Period
- the three months ended September 30, 2023
- Revenue
- $4.7 billion
- Net income
- $30.3 million
- EPS
- $0.60 per diluted share
- Result
- reported results
Exact text from the filing
Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Nick Hengst +1.414.906.7356 nicholas.hengst@manpowergroup.com ManpowerGroup Reports 3 rd Quarter 2023 Results • Revenues of $4.7 billion (-3% as reported, -5% constant currency) • Challenging operating environment in North America and Europe primary cause for revenue decline • Gross profit margin of 17.6%.
View on SEC.gov
Earnings Releases
SEC 8-K Item 2.02
confidence 0.95
ManpowerGroup Inc. reported the nine months ended September 30, 2023 results: revenue $14.3 billion, net income $173.3 million, EPS $3.42 per diluted share.
- Period
- the nine months ended September 30, 2023
- Revenue
- $14.3 billion
- Net income
- $173.3 million
- EPS
- $3.42 per diluted share
- Result
- reported results
Exact text from the filing
earnings per share for the nine-month period was $4.58 per diluted share representing a decrease of 27% in constant currency. [2] Revenues for the nine-month period were $14.3 billion, representing a decrease of 5% compared to the prior year or a decrease of 4% in constant currency. Earnings per share for the nine-month period were negatively impacted by 14
View on SEC.gov
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