ManpowerGroup: 8% drop in Q3 EPS
(CercleFinance.com) - ManpowerGroup reports adjusted EPS of $1.
29 for the Q3 2024, down 8% at constant exchange rates, on revenues of $4.5bn, down 3% as reported and down 2% at constant exchange rates. NB: pmt -5%.
The human resources services group reports a continued challenging environment in North America and Europe over the past quarter, although good demand in Latin America and the Asia-Pacific region.
Management says it took additional cost measures during the quarter in view of the prolonged duration of the current environment, and expects EPS of $0.98 to $1.08 for Q4.
Copyright (c) 2024 CercleFinance.com. All rights reserved.