ManpowerGroup (MAN) Misses Q1 EPS by 48c, Revenues Beat; Offers 2Q EPS Guidance

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Go back to ManpowerGroup (MAN) Misses Q1 EPS by 48c, Revenues Beat; Offers 2Q EPS Guidance

ManpowerGroup Reports 1st Quarter 2019 Results

April 18, 2019 7:30 AM EDT

MILWAUKEE, April 18, 2019 /PRNewswire/ -- 

Financial Overview:

ManpowerGroup (NYSE: MAN) today reported net earnings of $0.88 per diluted share for the three months ended March 31, 2019 compared to $1.45 per diluted share in the prior year period.  Net earnings in the quarter were $53.5 million compared to $97.0 million a year earlier.  Revenues for the first quarter were $5.0 billion, a 9% decline from the prior year period. 

The current year quarter included restructuring costs which reduced earnings per share by 51 cents.... More