Update: ManpowerGroup Posts Q4 Non-GAAP Profit, Lower Revenue; Provides Q1 Guidance-March 2024-www.financetom.com

Update: ManpowerGroup Posts Q4 Non-GAAP Profit, Lower Revenue; Provides Q1 Guidance

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Update: ManpowerGroup Posts Q4 Non-GAAP Profit, Lower Revenue; Provides Q1 Guidance

Jan 30, 2025 5:43 AM

08:27 AM EST, 01/30/2025 (MT Newswires) -- (Updates with Q1 guidance and FactSet estimates in the sixth paragraph.)

ManpowerGroup ( MAN ) reported Thursday Q4 adjusted earnings of $1.02 per diluted share.

The company did not provide adjusted figures for the year-ago quarter. Analysts polled by FactSet expected adjusted earnings of $0.98.

On a GAAP-basis, ManpowerGroup ( MAN ) said it swung to a Q4 profit of $0.47 per diluted share from a loss of $1.73 a year earlier.

Revenue for the quarter ended Dec. 31 was $4.40 billion, down from $4.63 billion a year earlier.

Analysts surveyed by FactSet expected $4.41 billion.

The company said it expects fiscal Q1 earnings of $0.47 to $0.57 per share. Analysts polled by FactSet are expecting $0.69.

Shares of the company were down 3% in recent Thursday premarket activity.

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