ManpowerGroup (MAN) Tops Q4 EPS by 35c, Revenues Miss

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ManpowerGroup Reports 4th Quarter and Full Year 2018 Results

January 31, 2019 7:30 AM EST

MILWAUKEE, Jan. 31, 2019 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported net earnings of $2.54 per diluted share for the three months ended December 31, 2018 compared to $3.22 per diluted share in the prior year period. The net earnings in the quarter were $158.3 million compared to $216.3 million a year earlier. Revenues for the fourth quarter totaled $5.4 billion, a decrease of 4% from the year earlier period.

Financial results in the quarter were impacted by the sale of our non-core language translation business in the Netherlands. The gain on sale of this business positively impacted... More