logo
Plus   Neg
Share
Email

ManpowerGroup Q3 Profit Declines - Quick Facts

ManpowerGroup (MAN) Inc. on Friday reported third-quarter net earnings of $146.1 million or $2.42 per share, down from $158.0 million or $2.43 per share in the prior year period.

Revenues for the third quarter declined 3 percent to $5.25 billion from $5.42 billion in the prior-year period.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $1.93 per share on revenues of $5.33 billion for the quarter. Analysts estimates typically exclude special items.

Looking ahead, the company anticipates fourth-quarter earnings between $2.00 and $2.08 per share. The Street expects earnings of $2.15 per share for the quarter.

For comments and feedback contact: editorial@rttnews.com

Business News

Editors Pick
Facebook has unveiled Instagram Reels as its answer to the popular Chinese-owned video app TikTok. The social media giant said in a blog post that Instagram Reels is a new way to create short, entertaining videos on Facebook's photo-sharing app Instagram. Facebook reportedly shut down its TikTok clone Lasso in July, ahead of the launch of Instagram Reels. WD-40 Company recalled about 130,000 units of X-14 Mildew Stain Remover for potential risk of skin irritation, a statement by the U.S. Consumer Product Safety Commission (CPSC) showed. The company said pressure can build up inside the bottle and cause it to fall over and leak, posing a risk of skin irritation. Biopharmaceutical company Bristol-Myers Squibb Co. on Thursday reported a loss for the second quarter, compared to a profit last year, hurt primarily by hefty amortization expenses. However, adjusted earnings per share and quarterly revenues topped analysts' expectations. Looking ahead, the company raised its adjusted earnings and revenue outlook for the full-year 2020.
RELATED NEWS
Follow RTT