ManpowerGroup: Quarterly EPS almost halved


(CercleFinance.com) – ManpowerGroup publishes EPS of $0.81 for the quarter ended March 2024, compared to $1.51 for the corresponding period of 2023, for revenues down 7% to $4.4 billion (-5% at constant exchange rates).

The human resources services group says it observed a continued difficult environment in North America and Europe during the quarter, but solid demand in Latin America and Asia-Pacific.

It forecasts second-quarter EPS of between $1.24 and $1.34, including an unfavorable foreign exchange impact estimated at seven cents and excluding operating losses from Proservia Germany (currently being liquidated), estimated at eight cents.

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