ManpowerGroup (MAN) Tops Q2 EPS by 1c, Revenues Beat

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Go back to ManpowerGroup (MAN) Tops Q2 EPS by 1c, Revenues Beat

ManpowerGroup Reports 2nd Quarter 2020 Results

July 20, 2020 7:30 AM EDT

MILWAUKEE, July 20, 2020 /PRNewswire/ -- ManpowerGroup (NYSE: MAN) today reported net losses of $1.10 per diluted share for the three months ended June 30, 2020 compared to net earnings of $2.11 per diluted share in the prior year period.  Net losses in the quarter were $64.4 million compared to net earnings of $127.3 million a year earlier.  Revenues for the second quarter were $3.7 billion, a 30% decline from the prior year period. 

The current year quarter included special items consisting of goodwill and other impairment, and discrete tax items, which reduced earnings per share by $1.28. Excluding these... More