08:13 AM EDT, 04/18/2024 (MT Newswires) -- ManpowerGroup ( MAN ) reported Q1 earnings Thursday of $0.81 per diluted share, down from $1.51 a year earlier.
Analysts polled by Capital IQ expected $0.85.
Revenue for the quarter ended March 31 was $4.40 billion, down from $4.75 billion a year ago.
Analysts surveyed by Capital IQ expected $4.42 billion.
The company said it expects Q2 adjusted earnings of $1.24 to $1.34 per diluted share, excluding $0.08 in expected operating losses from the Proservia Germany business, potential restructuring expenses, and the impact of non-cash currency translation losses in Argentina. Analysts polled by Capital IQ expect normalized EPS of $1.27.