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Update: ManpowerGroup Shares Decline After Q3 Earnings, Revenue Fall
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Update: ManpowerGroup Shares Decline After Q3 Earnings, Revenue Fall
Oct 17, 2024 12:11 PM

11:25 AM EDT, 10/17/2024 (MT Newswires) -- (Updates with the latest stock price movement in the headline and the first paragraph.)

ManpowerGroup ( MAN ) shares were down more than 10% in recent Thursday trading after the company's Q3 earnings and revenue fell year-over-year.

The company reported Q3 earnings of $0.47 per diluted share, down from $0.60 a year earlier.

Four analysts polled by Capital IQ expected $1.28.

Revenue from services for the quarter ended Sept. 30 was $4.53 billion, down from $4.68 billion a year earlier.

Analysts surveyed by Capital IQ expected $4.49 billion.

For Q4, the staffing firm expects EPS of $0.98 to $1.08. Four analysts polled by Capital IQ expect $1.33.

Price: 66.66, Change: -7.65, Percent Change: -10.29

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