Over the last four quarters, the company has surpassed consensus EPS estimates four times. While Manpower has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Staffing Firms is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Contact: Nick Hengst +1.414.906.7356 nicholas.hengst@manpowergroup.com ManpowerGroup Reports 2nd Quarter 2024 Results MILWAUKEE, July 18, 2024 -- ManpowerGroup (NYSE: MAN) today reported net earnings of $1.24 per diluted share for the three months ended June 30, 2024 compared to net earnings of $1.29 per diluted share in the prior year period. Net earnings in the quarter were $60.1 million compared to net earnings of $65.2 million a year earlier. Revenues for the first qua ...

The quarter included final run-off losses related to the Proservia Germany business. These losses reduced earnings per share by $0.06 in the second quarter. Excluding these losses, earnings per share was $1.30 per diluted share in the quarter representing a decrease of 12% in constant currency.2 We anticipate diluted earnings per share in the third quarter will be between $1.25 and $1.35, which includes an estimated unfavorable currency impact of 5 cents. Our guidance excludes any restructuring costs and an ...

ManpowerGroup Inc. (MAN) is scheduled to report its second-quarter 2024 results on Jul 18, before the bell. The Zacks Consensus Estimate for ManpowerGroup's revenues for the to-be-reported quarter is pegged at $4.5 billion, indicating a 6.9% year-over-year decline. The top line is likely to have been weighed down by revenue softness in North America and Europe and low levels of permanent recruitment activity. The consensus estimate for earnings is pegged at $1.27 per share, implying a 19.6% year-over-year d ...

The webcast will be available for replay at the same URL beginning at 10:30 a.m. Central Time (11:30 a.m. Eastern Time) on July 18, 2024. The replay will remain available for 30 days in this location. Supplemental financial information referenced in the webcast and the text of the 2nd quarter press release can be found on the company's website, in the section titled "Financial Information," after 7:30 a.m. Central Time on July 18, 2024. ABOUT MANPOWERGROUP ManpowerGroup® (NYSE: MAN), the leading global work ...

ManpowerGroup (MAN) is focusing on boosting productivity and efficiency using technology. Acquisitions will be beneficial for its top-line growth. However, a rise in expenses might affect its bottom line. MAN has returned $179.8 million, $270 million and $210 million through share repurchases and made dividend payments of $144.3 million, $139.9 million and $136.6 million in 2023, 2022 and 2021, respectively. These initiatives not only instill investors' confidence but also positively impact the bottom line. ...

Building a People-First Strategy for AI-Powered Workforce ProductivityBuilding a People-First Strategy for AI-Powered Workforce Productivity Hiring Expected to Grow: More than half (55%) of employers expect to increase headcount due to AI and machine learning over the next two years, while less than one in four (24%) believe there will be no impact. Just 18% anticipate the technology will lead to staffing decreases. Positive Impact Foreseen: When asked to predict the future impact of AI and machine learning ...

Employers in North America (27%) reported the strongest hiring intentions, followed by Asia Pacific (23%), South and Central Americas (22%), and Europe, Middle East, and Africa (18%). Across sectors, the IT industry continues to report positive hiring intentions at 29%, followed by Financials & Real Estate and Health Care & Life Sciences, both at 27%. More than half (55%) of employers expect to increase headcount due to AI and machine learning over the next two years and nearly half (48%) of companies said ...

MILWAUKEE, June 6, 2024 /PRNewswire/ -- In today's rapidly evolving tech landscape, artificial intelligence (AI) is reshaping the job market, but the role of human skills remains more critical than ever. To help organizations navigate this transformation, Experis, a global leader in IT professional resourcing and services and part of the ManpowerGroup family of brands, and Microsoft will host an exclusive webinar, "Supercharging Human Skills: Building Tech Workforces in the Age of AI," on Thursday, June 13 ...

MILWAUKEE, June 5, 2024 /PRNewswire/ -- Talent Solutions, a global leader in workforce solutions and part of the ManpowerGroup (NYSE: MAN) family of brands, has been named a global leader in Recruitment Process Outsourcing (RPO) for the 14th year in the Everest Group PEAK Matrix® Assessment. The company's sustained leadership position is attributed to its strong vision and strategy, which ranked the highest among all providers in the Assessment, the quality of its recruiters, and continued investments in in ...