The earnings call highlights some positive developments in specific regions and segments, such as growth in the Americas and APME, and advancements in technology and AI. However, these are overshadowed by significant revenue declines, challenges in Northern Europe, and increased tax charges in France. The overall sentiment is cautious due to the uncertainty surrounding trade policies and weak permanent recruitment trends.

Company Guidance -

Q2 2025

In the first quarter of 2025, ManpowerGroup reported revenue of $4.1 billion, a 5% decline year-over-year in constant currency, while adjusted EBITDA stood at $52 million, down 32% in constant currency. The company's adjusted EBITDA margin was 1.3%, and adjusted earnings per share were $0.44, reflecting a 51% decrease year-over-year in constant currency. Despite challenges, particularly in Europe and North America, the company's Latin America and Asia Pacific Middle East segments showed positive demand trends. ManpowerGroup's second-quarter guidance anticipates earnings per share between $0.65 and $0.75, with a constant currency revenue decrease of 3% to 7%, and an estimated effective tax rate of 46.5%, impacted by a one-year French tax increase. The company continues to focus on cost management, technology investments, and strategic brand alignment to navigate the uncertain economic environment.

Revenue Growth in Key Regions

The Americas segment saw a 5% revenue increase year-over-year on a constant currency basis, with the U.S. reporting a 2% increase. Italy also experienced a 5% revenue increase in constant currency.

Strong Performance in APME

Asia Pacific Middle East segment revenues increased by 7% in organic constant currency, with Japan growing 9% on a days-adjusted constant currency basis.

U.S. Manpower Brand Improvement

The U.S. Manpower brand reported a 7% increase in revenue on a days-adjusted basis, indicating strong market performance and improvement from previous quarters.

MSP Business Growth

The Managed Service Provider (MSP) business recorded a strong double-digit revenue increase compared to the prior year.

Technological Advancements

Continued investment in technology and AI, with plans to showcase innovations at VivaTech in Paris. The company is leveraging AI for workforce insights and improving candidate experience.

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
Jul 17, 2025	2025 (Q2)	0.68 / -	1.3	―	―	―
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)
Apr 20, 2023	2023 (Q1)	1.63 / 1.61	1.88	-14.36% (-0.27)

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
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%
Jul 18, 2024	$71.17	$70.36	-1.14%

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 Jul 17, 2025, Before Open (Confirmed).

What is ManpowerGroup (MAN) earnings time?

ManpowerGroup (MAN) earnings time is at Jul 17, 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 (Q2) is 0.68.

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