ManpowerGroup Swings to Profit in 4Q

Dow Jones

Jan 30

By Don Nico Forbes

ManpowerGroup swung to a profit in the fourth quarter, though revenue slipped.

The Milwaukee-based workforce solutions provider swung to a profit of $22.5 million, or 47 cents a share, from a loss of $84.5 million, or $1.73 a share, in the same quarter a year earlier.

On an adjusted basis, earnings per share came in at $1.02. Analysts were expecting 98 cents a share, according to FactSet.

Revenue fell 5% to $4.4 billion, in line with analyst views.

The company said regional trends were largely unchanged, with Europe and North America experiencing a challenging environment while Asia Pacific and Latin America saw good demand.

For the first quarter, ManpowerGroup said it expects earnings per share to range between 47 cents and 57 cents.

Write to Don Nico Forbes at don.forbes@wsj.com

(END) Dow Jones Newswires

January 30, 2025 08:12 ET (13:12 GMT)

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Analysts were expecting 98 cents a share, according to FactSet. \n\n\n  Revenue fell 5% to $4.4 billion, in line with analyst views. \n\n\n  The company said regional trends were largely unchanged, with Europe and North America experiencing a challenging environment while Asia Pacific and Latin America saw good demand. \n\n\n   For the first quarter, ManpowerGroup said it expects earnings per share to range between 47 cents and 57 cents. \n\n\n \n\n\n  Write to Don Nico Forbes at don.forbes@wsj.com \n\n\n \n\n\n  (END) Dow Jones Newswires\n\n\n  January 30, 2025 08:12 ET (13:12 GMT)\n\n\n  Copyright (c) 2025 Dow Jones & Company, Inc.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"2","news_tag":"","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}