earnings
confidence high
sentiment positive
materiality 0.70
ManpowerGroup Q3 revenue $4.8B (+4%); adj EPS $1.01, up 24% cc; Q4 guide $1.03-$1.13
ManpowerGroup Inc.
- Net earnings $34.1M, or $0.71 per diluted share, vs $0.38 a year earlier; adjusted EPS $1.01 after $0.30 of restructuring, transformation, business-sale and Argentina hyperinflation items.
- Revenue $4.8B, up 4% as reported, 5% in constant currency and 6% organic constant currency; growth led by the Manpower brand, particularly in the U.S.
- Nine-month revenue $14.2B (+7% reported, +5% cc); net earnings $90.1M, or $1.89/share, vs a $0.93 loss; adjusted EPS $2.51, up 21% in constant currency.
- Fourth-quarter guidance: diluted EPS of $1.03 to $1.13 and a 44% effective tax rate.
- Becky Frankiewicz will become CEO on January 1, 2027, with Jonas Prising transitioning to Executive Chair; details in a separate press release.