The earnings call presented a mixed picture. While there were notable achievements in certain markets like Italy and Japan, as well as strong performance in the U.S. Manpower brand and recognition for sustainability and leadership, these were counterbalanced by significant challenges in revenue decline, particularly in Northern Europe, the U.K., and Germany. The company also faced a substantial decrease in adjusted EBITDA and free cash flow outflows.

Company Guidance -

Q3 2025

During the second quarter of 2025 conference call, ManpowerGroup provided guidance for the third quarter, anticipating earnings per share (EPS) to range between $0.77 and $0.87, including a favorable foreign currency impact of $0.03 per share. The company expects constant currency revenue to be flat or decrease by up to 4%, with the midpoint reflecting a 2% decrease. The EBITDA margin is projected to decline by 50 basis points year-over-year. ManpowerGroup highlighted the impact of restructuring costs and foreign currency translation on second quarter results, reporting system-wide revenue of $4.9 billion and adjusted EBITDA of $89 million. The U.S. business is expected to show a slightly improved low single-digit percentage revenue decline in the third quarter, with the overall guidance reflecting ongoing stability in most markets.

Global Hiring Outlook Holding Steady

The global hiring outlook is holding steady, with a slight year-over-year increase and just 1 point lower than last quarter. Latin America and Asia Pacific labor markets are performing well.

Revenue Growth in Manpower and Talent Solutions Brands

Return to revenue growth in the Manpower and Talent Solutions brands this quarter, with system-wide revenue including franchise revenue at $4.9 billion.

Strong Performance in Italy and Japan

Italy's revenue increased by 4% on a days adjusted constant currency basis, with OUP margin at 6.7%. Japan's revenue grew 7% on a days adjusted constant currency basis.

Market Share Gains in the U.S. Manpower Brand

The U.S. Manpower brand saw a revenue increase of 9% on a days adjusted basis during the quarter, showing strong market performance.

Recognition and Awards

ManpowerGroup received Forbes America's #1 rating as the best temp staffing firm, Talent Solutions recognized by Everest Group as a global leader in RPO, and named to Times World's most Sustainable Companies for the 15th consecutive year.

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

Daily Earnings Calendar >

MAN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 16, 2025	2025 (Q3)	0.81 / -	1.29	―	―	―
Jul 17, 2025	2025 (Q2)	0.68 / 0.78	1.3	-40.00% (-0.52)
Apr 17, 2025	2025 (Q1)	0.54 / 0.44	0.94	-53.19% (-0.50)
Jan 30, 2025	2024 (Q4)	0.98 / 1.02	1.45	-29.66% (-0.43)
Oct 17, 2024	2024 (Q3)	1.29 / 1.29	1.38	-6.52% (-0.09)
Jul 18, 2024	2024 (Q2)	1.27 / 1.30	1.58	-17.72% (-0.28)
Apr 18, 2024	2024 (Q1)	0.91 / 0.94	1.61	-41.61% (-0.67)
Jan 30, 2024	2023 (Q4)	1.19 / 1.45	2.08	-30.29% (-0.63)
Oct 19, 2023	2023 (Q3)	1.35 / 1.38	2.21	-37.56% (-0.83)
Jul 20, 2023	2023 (Q2)	1.62 / 1.58	2.33	-32.19% (-0.75)

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

MAN Earnings-Related Price Changes

Report Date	Price 1 Day Before	Price 1 Day After	Percentage Change
Jul 17, 2025	$43.10	$44.36	+2.92%
Apr 17, 2025	$48.66	$39.38	-19.07%
Jan 30, 2025	$59.34	$59.67	+0.56%
Oct 17, 2024	$71.28	$64.32	-9.76%

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.

FAQ

When does ManpowerGroup (MAN) report earnings?

ManpowerGroup (MAN) is schdueled to report earning on Oct 16, 2025, Before Open (Confirmed).

What is ManpowerGroup (MAN) earnings time?

ManpowerGroup (MAN) earnings time is at Oct 16, 2025, Before Open (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is MAN EPS forecast?

MAN EPS forecast for the fiscal quarter 2025 (Q3) is 0.81.

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