Manpower (MAN) Q3 Earnings: Taking a Look at Key Metrics Versus Estimates

Core Insights - ManpowerGroup reported revenue of $4.53 billion for Q3 2024, a decrease of 3.1% year-over-year, with EPS at $1.29 compared to $1.38 in the same quarter last year [1] - The revenue exceeded the Zacks Consensus Estimate of $4.48 billion by 1.01%, while EPS also surpassed the consensus estimate of $1.28 by 0.78% [1] Revenue Performance by Region - Revenues from Services- Americas: $1.05 billion, down 5.5% year-over-year, below the average estimate of $1.07 billion [2] - Revenues from Services- APME: $562.80 million, slightly above the estimate of $544.78 million, with a year-over-year decline of 0.4% [2] - Revenues from Services- Southern Europe: $2.10 billion, exceeding the estimate of $2.04 billion, with a year-over-year decrease of 0.6% [2] - Revenues from Services- Northern Europe: $828.30 million, below the estimate of $857.94 million, reflecting a year-over-year decline of 9.4% [2] - Revenues from Services- Southern Europe- Other Southern Europe: $496.80 million, above the estimate of $479.56 million, with a year-over-year increase of 2.4% [2] - Revenues from Services- Southern Europe- France: $1.18 billion, slightly above the estimate of $1.16 billion, with a year-over-year decline of 2.5% [2] - Revenues from Services- Americas- United States: $697.40 million, below the estimate of $713.82 million, with a year-over-year decline of 7.3% [2] - Revenues from Services- Americas- Other Americas: $353.10 million, slightly below the estimate of $355.24 million, with a year-over-year decline of 1.6% [2] - Revenues from Services- Southern Europe- Italy: $419.10 million, above the estimate of $404.87 million, with a year-over-year increase of 1.3% [2] Operating Unit Profit - Corporate expenses reported at -$30.20 million, better than the average estimate of -$42.10 million [2] Stock Performance - Manpower shares returned +1.1% over the past month, compared to the S&P 500 composite's +3.8% change, with a Zacks Rank 3 (Hold) indicating potential performance in line with the broader market [3]