The earnings call presented a mixed picture. While there are some positive developments, such as growth in the Americas and strong cash flow, the overall business faced significant challenges. There were notable declines in revenue and earnings, particularly in Europe, which contributed to a negative sentiment. The company's focus on AI and Talent Solutions offers some hope for future growth, but current economic conditions remain challenging.
Company Guidance
During the call, ManpowerGroup provided guidance for the first quarter of 2025, projecting earnings per share to range between $0.47 and $0.57, despite an anticipated revenue decline of 5% to 9% in constant currency. The company noted several factors impacting this guidance, including a strong U.S. dollar, fewer working days due to the leap year in 2024, and a higher tax rate compared to the prior year. Foreign currency translation is expected to negatively impact earnings by $0.06 per share. The adjusted EBITA margin is forecasted to decrease by 30 basis points compared to the prior year. ManpowerGroup also highlighted the continued investment in transformation programs, while cost reductions are being implemented in regions with challenging market conditions, such as Northern Europe and the U.K.
AI Potential and Talent Solutions Growth
Experis Tech Talent Outlook found 58% of employers believe AI will be a job creator. Talent Solutions brand saw a revenue increase of 6% year-over-year, driven by MSP business's strong double-digit revenue growth.
Americas Segment Revenue Increase
Revenue in the Americas increased 7% year-over-year in constant currency, with the U.S. Manpower brand experiencing a 2% revenue increase.
Strong Cash Flow and Share Repurchases
Free cash flow for the full year was $258 million. In the fourth quarter, ManpowerGroup repurchased 552,000 shares of stock for $34 million.
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ManpowerGroup (MAN) Earnings, Revenues Date & History
The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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MAN Earnings-Related Price Changes
Report Date
Price 1 Day Before
Price 1 Day After
Percentage Change
Jan 30, 2025
$60.38
$60.71
+0.55%
Oct 17, 2024
$72.52
$65.44
-9.76%
Jul 18, 2024
$72.42
$71.58
-1.16%
Apr 18, 2024
$66.98
$70.77
+5.66%
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ManpowerGroup (MAN) report earnings?
ManpowerGroup (MAN) is schdueled to report earning on Apr 22, 2025, TBA Not Confirmed.
What is ManpowerGroup (MAN) earnings time?
ManpowerGroup (MAN) earnings time is at Apr 22, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.