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ManpowerGroup Reports Second Quarter Results

ManpowerGroup News Release (07/21/15)

ManpowerGroup today released its financial results for the quarter ending June 30. The company reported that net earnings per diluted share for the quarter were $1.33, beating analysts’ estimates. Net earnings in the second quarter were $105.7 million, compared with $109.8 million a year earlier, down 3.73%—but up 12.6% in constant currency. On a constant currency basis, revenues increased 7% and earnings per share increased 16%. Revenues from the U.S. were $762.6 million for the quarter, a decline of 1.7% from the same period in 2014.

“The labor markets continue to improve across the globe, although at a slow and uneven pace in some countries,” said ManpowerGroup chief executive officer Jonas Prising. “This is an environment where companies all over the world will be interested in attracting the right talent and finding the best workforce solutions for their organization, helping them grow and be successful while becoming more nimble and agile to respond to market changes.”