ManpowerGroup (MAN) Tops Q4 EPS by 35c, Revenues Miss

ManpowerGroup (NYSE: MAN) reported Q4 EPS of $2.54, $0.35 better than the analyst estimate of $2.19. Revenue for the quarter came in at $5.39 billion versus the consensus estimate of $5.5 billion.

Jonas Prising, ManpowerGroup Chairman & CEO, said, "The fourth quarter results reflect a more challenging environment, particularly in Europe. Our performance demonstrates our capability to respond rapidly as market dynamics in some parts of the world change. We are confident in our ability to manage in a more uncertain environment and believe our market-leading global footprint and extensive portfolio of workforce solutions will continue to serve us well and provide us with opportunities for profitable growth.

"We are anticipating diluted earnings per share in the first quarter of 2019 to be in the range of $1.30 to $1.38, which includes an estimated unfavorable currency impact of 13 cents," Prising stated.

For earnings history and earnings-related data on ManpowerGroup (MAN) click here.

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