Stocks
ETFs
Options
Commodities
Crypto
Currency
Pro Newsletters
Research Tools
Daily Feeds
Calendars
Economic Indicators
Class Actions
Calculators
Education
About Us
Working with TipRanks
Follow Us
ManpowerGroup (MAN)
NYSE:MAN
Holding MAN?
Track your performance easily
Earnings Data
Report Date
Feb 04, 2025TBA Not Confirmed
Period Ending
2024 (Q4)Consensus EPS Forecast
$1.01Last Year’s EPS
$1.45Same Quarter Last Year
Based on 7 Analysts Ratings
---
Earnings Call Summary
Earnings Call Date:Oct 17, 2024
|% Change Since: -21.49%
|Next Earnings Date:Feb 04, 2025
Earnings Call Sentiment|Neutral
The earnings call reflects a mixed sentiment with a balanced view of both positive achievements and challenges. While there are significant strategic advancements and growth in certain segments such as Talent Solutions and Japan, the company faces ongoing challenges in Northern Europe and Experis revenue. The cautious economic outlook and restructuring efforts are indicative of the company's commitment to managing costs and optimizing operations.Company Guidance
During the Q3 2024 earnings call, ManpowerGroup provided guidance for Q4, anticipating continued challenges in North America and Europe, especially in Northern Europe, due to subdued economic growth. The company forecasts Q4 earnings per share to range from $0.98 to $1.08, with a constant currency revenue decline of 1% to 5%. In Q3, ManpowerGroup reported a revenue of $4.5 billion, a 2% year-over-year decline in constant currency, and an adjusted EBITA of $117 million, reflecting a 2% increase in constant currency. The adjusted EBITA margin was 2.6%, and adjusted earnings per diluted share were $1.29, an 8% decrease year-over-year in constant currency. The company emphasized its strategic focus on diversification, digitization, and innovation to capture growth and optimize profitability despite the challenging market environment.Resilient Labor Market Trends
Despite economic headwinds, the labor market remains resilient with steady unemployment rates and no significant signs of widespread layoffs.
Revenue and EBITA Performance
Third quarter revenue was $4.5 billion, down 2% year-over-year in constant currency. Adjusted EBITA was $117 million, a 2% increase in constant currency year-over-year.
Growth in Talent Solutions
Talent Solutions brand saw a 7% revenue increase year-over-year, with Right Management achieving growth on higher outplacement volumes.
Strong Performance in Japan
Revenue in Japan grew 9% in constant currency, reflecting consistent performance and expected strong growth in the fourth quarter.
Strategic Portfolio Optimization
Agreement to sell the South Korea business, transitioning it to a franchise model to optimize geographic footprint and drive growth.
AI and Digital Strategy
Implementation of AI-enabled dashboards and data-centric strategies to improve client outcomes and optimize profitability.
Recognition in Industry Leadership
Multiple leadership recognitions in Everest Group's 2024 Peak Matrix assessments for Talent Solutions and Experis.
---
MAN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
---
MAN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
| Oct 17, 2024 | $72.52 | $65.44 | -9.76% |
| Jul 18, 2024 | $72.42 | $71.58 | -1.16% |
| Apr 18, 2024 | $66.98 | $70.77 | +5.66% |
| Jan 30, 2024 | $73.13 | $73.66 | +0.72% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
---
FAQ
When does ManpowerGroup (MAN) report earnings?
ManpowerGroup (MAN) is schdueled to report earning on Feb 04, 2025, TBA Not Confirmed.
What is ManpowerGroup (MAN) earnings time?
ManpowerGroup (MAN) earnings time is at Feb 04, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is MAN EPS forecast?
MAN EPS forecast for the fiscal quarter 2024 (Q4) is $1.01.
---