Core Insights - ManpowerGroup reported $4.4 billion in revenue for Q4 2024, a 5% year-over-year decline, with EPS of $1.02 compared to $1.45 a year ago, indicating a decrease in profitability [1] - The revenue fell short of the Zacks Consensus Estimate of $4.42 billion by 0.52%, while the EPS exceeded the consensus estimate of $0.99 by 3.03% [1] Revenue Breakdown - Services revenue from the Americas was $1.07 billion, surpassing the average estimate of $1.04 billion, with a slight year-over-year decline of 0.1% [4] - Services revenue from APME reached $768.40 million, significantly exceeding the estimated $532.03 million, reflecting a 39.2% increase year-over-year [4] - Southern Europe generated $2.04 billion in revenue, slightly below the estimated $2.08 billion, marking a 3.2% decline year-over-year [4] - Northern Europe reported $768.40 million, falling short of the $826.74 million estimate, representing a 15.9% year-over-year decrease [4] - Other Southern Europe generated $490.20 million, close to the estimated $492.76 million, with a year-over-year increase of 0.7% [4] - France's revenue was $1.13 billion, below the estimated $1.16 billion, showing a 6.2% decline year-over-year [4] - The United States contributed $691.80 million, exceeding the estimate of $658.77 million, with a year-over-year decline of 1.5% [4] - Other Americas reported $381.80 million, slightly above the estimate of $377.62 million, reflecting a 2.6% year-over-year increase [4] - Italy's revenue was $418.70 million, close to the estimated $424.71 million, with a year-over-year increase of 0.9% [4] Profitability Metrics - Corporate expenses resulted in a loss of $32.50 million, better than the average estimate of a loss of $40.56 million, indicating improved cost management [4] Stock Performance - Manpower's shares have returned +4.6% over the past month, outperforming the Zacks S&P 500 composite's +1.2% change, although the stock currently holds a Zacks Rank 5 (Strong Sell), suggesting potential underperformance in the near term [3]
Here's What Key Metrics Tell Us About Manpower (MAN) Q4 Earnings