ManpowerGroup (MAN) Tops Q4 EPS by 29c, Offers Q1 Guidance

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ManpowerGroup Reports 4th Quarter and Full Year 2019 Results

January 31, 2020 7:30 AM EST

MILWAUKEE, Jan. 31, 2020 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported net earnings of $2.33 per diluted share for the three months ended December 31, 2019 compared to $2.54 per diluted share in the prior year period.  Net earnings in the quarter were $138.8 million compared to $158.3 million a year earlier.  Revenues for the fourth quarter were $5.2 billion, a 4% decline from the prior year 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 were down 2%.  On a... More