ManpowerGroup (MAN) Tops Q3 EPS by 3c, Revenues Miss; Offers 4Q EPS Outlook Below Consensus

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ManpowerGroup Reports 3rd Quarter 2018 Results

October 19, 2018 7:30 AM EDT

MILWAUKEE, Oct. 19, 2018 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported that net earnings per diluted share for the three months ended September 30, 2018 were $2.43 compared to $2.04 in the prior year period. Net earnings in the quarter were $158.0 million compared to $137.7 million a year earlier. Revenues for the third quarter were $5.4 billion, a decrease of 1% from the year earlier period.

Financial results in the quarter were impacted by the stronger U.S. dollar relative to foreign currencies compared to the prior year period.  On a constant currency basis, revenues increased 1% and net earnings... More