ManpowerGroup (MAN) Misses Q1 EPS by 19c, Q2 EPS Guidance Tops Views at Mid-Point

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Go back to ManpowerGroup (MAN) Misses Q1 EPS by 19c, Q2 EPS Guidance Tops Views at Mid-Point

ManpowerGroup Reports 1st Quarter 2018 Results

April 20, 2018 7:30 AM EDT

MILWAUKEE, April 20, 2018 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported that net earnings for the three months ended March 31, 2018 were $97.0 million, or $1.45 per diluted share, compared to net earnings of $74.4 million, or $1.09 cents per diluted share, a year earlier. Revenues for the first quarter were $5.5 billion, an increase of 16% from the prior year period.

The current year quarter included restructuring costs which reduced earnings per share by 27 cents.

Financial results in the quarter were also significantly impacted by stronger foreign currencies relative to the U.S. dollar... More