Recap: ManpowerGroup Q3 Earnings

Shares of ManpowerGroup MAN rose 1.7% in pre-market trading after the company reported Q3 results.

Quarterly Results

Earnings per share decreased 37.50% year over year to $1.20, which beat the estimate of $0.62.

Revenue of $4,585,000,000 decreased by 12.65% year over year, which beat the estimate of $4,270,000,000.

Guidance

ManpowerGroup hasn't issued any earnings guidance for the time being.

Revenue guidance hasn't been issued by the company for now.

How To Listen To The Conference Call

Date: Oct 20, 2020

Time: 08:30 AM

ET Webcast URL: https://edge.media-server.com/mmc/p/gmeq9cys

Technicals

52-week high: $100.99

52-week low: $49.57

Price action over last quarter: down 0.14%

Company Profile

ManpowerGroup is one of the largest firms in the fragmented global staffing industry. It serves each main staffing category--temporary, permanent, and project-based--and also offers a suite of HR outsourcing and outplacement services. Manpower generates annual revenue and operating income of more than $20 billion and roughly $800 million, respectively. A vast majority of sales are generated outside the U.S. from operations in 80 countries. Its 30,000 employees serve an estimated 600,000 clients and place millions of job candidates.