ManpowerGroup: quarterly EPS almost halved

(CercleFinance.com) - ManpowerGroup reports EPS of $0.
81 for the quarter ended March 2024, compared with $1.51 for the same period in 2023, on revenues that are down 7% to $4.4bn (-5% at constant exchange rates).

The HR services group explains that it observed a continuing difficult environment in North America and Europe during the quarter, but solid demand in Latin America and Asia-Pacific.

It forecasts Q2 EPS of $1.24 to $1.34, including an unfavourable currency effect estimated at 7 cents and excluding the operating losses of Proservia Germany (in liquidation), estimated at 8 cents.


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