earnings
confidence high
sentiment negative
materiality 0.85
ManpowerGroup Q4 net loss $1.73/sh; adjusted EPS $1.45; revenue -5% cc; Q1 guidance $0.88-$0.98
ManpowerGroup Inc.
2023-FY EPS reported
$1.76
revenue$18,914,500,000
- Net loss of $84.5M ($1.73 diluted loss per share) vs prior-year net earnings of $48.7M ($0.95 EPS).
- Revenue $4.6B, down 4% as reported and 5% constant currency; challenging North America/Europe, solid LATAM/APME.
- Non-cash goodwill impairment $55M and restructuring charges $90M (incl. Germany Proservia wind-down) reduced EPS by $3.18.
- Q1 2024 EPS guidance $0.88-$0.98; excludes $0.14 Proservia operating loss and $0.02 currency headwind.
- $50M of common stock repurchased in the quarter.