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ManpowerGroup (MAN) Misses Q2 EPS by 1c

July 24, 2017 7:31 AM

ManpowerGroup (NYSE: MAN) reported Q2 EPS of $1.72, $0.01 worse than the analyst estimate of $1.73. Revenue for the quarter came in at $5.17 billion versus the consensus estimate of $5.05 billion.

GUIDANCE:

ManpowerGroup sees FY2017 EPS of $1.90-$1.98.

ManpowerGroup Chairman & CEO Jonas Prising said, "We are pleased with our strong second quarter results. The labor markets continue to improve in Europe and across the globe, which is a good foundation for continued profitable growth as we head into the second part of 2017.

"The improving market conditions were spread across the geographies where we operate, and revenuegrowth was strong in a number of our countries, with our teams in France, Italy, Mexico and Poland leading the way.

"We anticipate the third quarter diluted earnings per share to be in the range of $1.90 to $1.98, which includes an estimated favorable currency impact of 2 cents," Prising stated.

For earnings history and earnings-related data on ManpowerGroup (MAN) click here.

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