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ManpowerGroup's Q1 Earnings, Revenue Fall; Q2 EPS Guidance Issued
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ManpowerGroup's Q1 Earnings, Revenue Fall; Q2 EPS Guidance Issued
Apr 18, 2024 5:40 AM

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.

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