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MAN — ManpowerGroup News Story

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ManpowerGroup's Q4 revenue, adjusted EPS beat estimates

Overview

Global workforce solutions firm's Q4 revenue rose 7%, beating analyst expectations

Adjusted EPS for Q4 beat analyst expectations

Company took restructuring actions to improve cost efficiency

Outlook

ManpowerGroup anticipates Q1 diluted EPS between $0.45 and $0.55

Company sees opportunity to capitalize on improving market demand

ManpowerGroup plans to drive productivity gains through transformation strategy

Result Drivers

MARKET STABILIZATION - ManpowerGroup reported ongoing stabilization in North America and Europe, with sequential improvement in France and growth in Italy

COST ACTIONS - Restructuring actions and cost measures led to sequential improvement in SG&A trends

SOFTER RECRUITMENT - Gross profit margin affected by softer permanent recruitment activity in Europe

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 RevenueBeat$4.70 bln$4.63 bln (8 Analysts)
Q4 Adjusted EPSBeat$0.92$0.82 (10 Analysts)
Q4 Net Income$30.20 mln
Analyst Coverage The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 8 "hold" and 1 "sell" or "strong sell" The average consensus recommendation for the employment services peer group is "buy." Wall Street's median 12-month price target for ManpowerGroup Inc is $42.00, about 45% above its January 28 closing price of $28.96 The stock recently traded at 8 times the next 12-month earnings vs. a P/E of 9 three months ago Press Release: ID:nPn55jRZca For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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