ManpowerGroup Reports 3rd Quarter 2020 Results

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Go back to ManpowerGroup Reports 3rd Quarter 2020 Results

ManpowerGroup (MAN) Misses Q3 EPS by 44c, Revenues Beat

October 20, 2020 7:35 AM EDT

ManpowerGroup (NYSE: MAN) reported Q3 EPS of $0.18, $0.44 worse than the analyst estimate of $0.62. Revenue for the quarter came in at $4.58 billion versus the consensus estimate of $4.27 billion.

13% reported revenue decline in third quarter (14.5% decline on a constant currency basis) - Continued improvement in year-over-year revenue trend during the quarter, marking five months of improvement since April 2020Strong results from Talent Solutions, led by double digit revenue growth in Career Transition activity within Right ManagementManpower brand exhibited a strong recovery trend during the third quarter as the rate of revenue and... More