ManpowerGroup's Q1 2025 revenue declined to $4.1B with net income dropping significantly to $5.6M. Restructuring costs and tax legislation changes weighed heavily on results, although demand in Latin America and Asia Pacific remained solid.
ManpowerGroup reported Q4 2024 revenues of $4.4 billion, a 5% decrease year-over-year. Net earnings per diluted share were $0.47, compared to a net loss of $1.73 per share in the prior year period. The quarter included restructuring costs, pension settlements, and net losses from the sale of the Austria business, reducing earnings per share by $0.55. Excluding these charges, earnings per share was $1.02, a 27% decrease in constant currency.
ManpowerGroup reported Q3 2024 revenues of $4.5 billion, a 3% decrease year-over-year. Net earnings were $22.8 million, or $0.47 per diluted share, compared to $30.3 million, or $0.60 per diluted share, in the prior year. Excluding restructuring costs and a discrete tax item, earnings per share was $1.29.
ManpowerGroup reported a decrease in revenue and earnings per share for Q2 2024 compared to the prior year period. Revenues decreased by 7% to $4.5 billion, and net earnings per diluted share decreased to $1.24. The company faced challenging environments in North America and Europe, while experiencing solid demand in Latin America and Asia-Pacific.
ManpowerGroup reported a decrease in revenue by 7% to $4.4 billion and net earnings per diluted share decreased to $0.81, compared to $1.51 in the prior year period. The company faced challenges in North America and Europe, while Latin America and Asia-Pacific regions showed solid demand. The company anticipates diluted earnings per share in the second quarter will be between $1.24 and $1.34.
ManpowerGroup reported Q4 2023 revenues of $4.6 billion, a 4% decrease from the prior year. The company experienced a net loss of $1.73 per diluted share, compared to net earnings of $0.95 per diluted share in the prior year. Results were impacted by restructuring costs, non-cash charges, and a stronger U.S. dollar.
ManpowerGroup reported Q3 2023 revenues of $4.7 billion, a 3% decrease year-over-year, with net earnings of $0.60 per diluted share, compared to $2.13 in the prior year. The results were impacted by a challenging operating environment in North America and Europe, though Latin America and Asia Pacific Middle East showed solid demand. The company is implementing cost reduction and restructuring actions to align operations with weaker market demand.
ManpowerGroup reported Q2 2023 revenues of $4.9 billion, a 4% decrease year-over-year. Net earnings were $1.29 per diluted share, down from $2.29 in the prior year. The results were impacted by a challenging operating environment in the U.S. and Europe, as well as restructuring costs and Argentina-related currency translation losses.
ManpowerGroup reported a decrease in revenue and earnings per share for Q1 2023 compared to the prior year period. Revenues decreased by 8% to $4.8 billion, and net earnings per diluted share decreased to $1.51. The results were impacted by restructuring costs and a stronger U.S. dollar.
ManpowerGroup reported Q4 2022 revenues of $4.8 billion, an 11% decrease year-over-year, and net earnings of $0.95 per diluted share, compared to $2.02 in the prior year. The quarter's results included restructuring and integration costs, along with special items that reduced earnings per share by $1.13. Excluding these costs, earnings per share was $2.08, an 8% increase in constant currency.
ManpowerGroup reported revenues of $4.8 billion, a 7% decrease year-over-year, but a 5% increase on a constant currency basis. Net earnings were $111.3 million, or $2.13 per diluted share, compared to $97.7 million, or $1.77 per diluted share in the prior year. Excluding integration costs, earnings per share was $2.21 per diluted share.
ManpowerGroup reported a decrease in revenue of 4% as reported but an increase of 6% on a constant currency basis. Net earnings per diluted share increased to $2.29 compared to $2.02 in the prior year period. The results were impacted by currency changes and integration costs from the U.S. Experis acquisition.
ManpowerGroup reported a 4% increase in revenue and net earnings of $1.68 per diluted share for Q1 2022. The company experienced strong performance in higher margin brands and repurchased $60 million of common stock.
ManpowerGroup reported a 6% revenue increase (9% constant currency) in Q4 2021. Net earnings per diluted share were $2.02, compared to $1.33 in the prior year period. Revenues for the fourth quarter were $5.4 billion, a 6% increase from the prior year period.
ManpowerGroup reported a strong third quarter with a 12% increase in revenue and net earnings of $1.77 per diluted share. The company's performance was driven by global demand for skilled talent and the successful acquisition of ettain group.