ManpowerGroup Inc. (MAN)
NYSE:MAN
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Earnings Data
Report Date
Jul 16, 2026Before Open (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.95Last Year’s EPS
0.78Same Quarter Last Year
Based on 8 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The call presented a cautiously positive picture: revenue growth and adjusted EBITDA improvement, strong Manpower brand performance in key markets (Italy, France stabilization, Japan), meaningful AI adoption and a clear $200 million transformation plan that should materially lift margins by 2028. Offsets include margin pressure from staffing mix and bench utilization, a notable decline in Experis (timing of health-care IT projects), Q1 restructuring charges and near-term negative free cash flow driven by seasonality and MSP timing. Management provided constructive Q2 guidance and concrete long-term margin levers, but near-term execution risks and cash/charge impacts remain.Company Guidance
Top-line Growth and Scale
Reported revenues of $4.5 billion in Q1 2026, representing organic constant currency growth of 3%. System-wide (including franchises) revenue was $5.0 billion.
Improving Profitability Metrics
Adjusted EBITDA of $61 million, a 5% increase in constant currency year-over-year, with adjusted EBITDA margin at 1.4%, up 10 basis points versus prior year and at the midpoint of guidance.
Adjusted EPS Beat
Adjusted EPS of $0.51, slightly above guidance midpoint of $0.50; reported EPS was $0.05.
Cost Discipline and SG&A Reduction
Adjusted SG&A decreased 4% in constant currency year-over-year; adjusted SG&A represented 15% of revenue in Q1, reflecting ongoing efficiency actions.
Strong Manpower Brand Performance and Regional Strength
Manpower brand revenue grew 6% year-over-year (62% of gross profit). Key market strength: Italy revenue +8% (days adjusted), France stabilized/flat, Japan revenue +4% (days adjusted), Southern Europe revenue +3% cc.
Productivity & AI Adoption Gains
PowerSuite platform now covers ~90% of global business. Completed >25,000 AI-led interviews, reducing screening time by 67% and achieving 87% candidate satisfaction. AI capabilities currently deployed across markets representing 40% of revenue with target to reach 70% by year-end; >80% of workforce using AI in workflows.
Strategic Transformation Plan Announced
Launched global transformation (back- and front-office redesign) targeting $200 million of permanent cost savings by 2028. Company expects this to add ~110 basis points to EBITDA margin in isolation based on prior run-rate.
Positive Q2 Outlook
Q2 2026 guidance: EPS $0.91 to $1.01 (includes ~$0.05 favorable FX); constant currency revenue guidance +1% to +5% (midpoint +3%); EBITDA margin expected to be +10 bps at midpoint versus prior year.
Stabilizing & Improving Talent Solutions Mix
Talent Solutions decline narrowed to -1% (improvement from -4% in prior quarter); MSP and Right Management showed continued growth and improvement; RPO showing sequential trend improvement.
MAN Earnings History
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 16, 2026 | $30.73 | $31.00 | +0.88% |
Jan 29, 2026 | $28.96 | $33.29 | +14.95% |
Oct 16, 2025 | $37.07 | $34.65 | -6.52% |
Jul 17, 2025 | $42.02 | $43.25 | +2.92% |
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 Inc. (MAN) report earnings?
ManpowerGroup Inc. (MAN) is schdueled to report earning on Jul 16, 2026, Before Open (Confirmed).
What is ManpowerGroup Inc. (MAN) earnings time?
ManpowerGroup Inc. (MAN) earnings time is at Jul 16, 2026, Before Open (Confirmed).
Where can I see when companies are reporting earnings?
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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 2026 (Q2) is 0.95.