Q3 Results
Manpower reported net earnings of $129.2 million, or $1.87 per share, on revenue of $5.1 billion in the third quarter. This exceeded the Street analysts' estimates of $1.71 per share on revenue of $4.99 billion.
In the year-ago quarter, the company earned a profit of $123.9 million, or $1.61 a share, on $4.97 billion.
On the other hand, Monster Worldwide delivered 13 percent drop in revenue from continuing operations to $144.8 million in the third quarter. The company suffered a loss from continuing operations of $180.5 million, or a loss per share of $2.03. Adjusted loss from continuing operations was $4.7 million, or a loss per share of $0.05, in the third quarter.
Outlook
Only Manpower provided outlook for the fourth quarter. The company expects EPS of $1.65–$1.73 for the December quarter. This included $0.02 a share unfavorable currency impact. Street analysts are looking for an EPS of $1.64.
At Last Check ...
- ManpowerGroup closed Thursday's session at $72.91. In Friday's pre-market, shares were up 4.92 percent at $76.50.
- Monster Worldwide closed Thursday's session at $3.37, but at last check in Friday's pre-market session, the stock was up 1.78 percent to $3.43.
Full ratings data available on Benzinga Pro.
Do you have ideas for articles/interviews you'd like to see more of on Benzinga? Please email feedback@benzinga.com with your best article ideas. One person will be randomly selected to win a $20 Amazon gift card!© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.