ManpowerGroup Stock Barely Moves Since Q1 Earnings Miss

Core Insights - ManpowerGroup, Inc. reported mixed first-quarter 2025 results with earnings missing estimates while revenues exceeded expectations [1] - Adjusted EPS was 44 cents, missing the Zacks Consensus Estimate by 15.4% and down 53.2% year over year [1] - Revenues totaled $4.1 billion, surpassing the consensus mark by 3.6% but decreased 7.1% from the previous year [1] Revenue Breakdown - Revenues from America were $1.1 billion, down 2% year over year but up 5.3% at constant currency [2] - U.S. revenues reached $688.8 million, exceeding estimates and rising 1.2% year over year [2] - Southern Europe revenues were $1.83 billion, declining 7.4% on a reported basis and 4.8% at constant currency [3] - Northern Europe revenues fell 16% on a reported basis to $730.8 million [4] - APME revenues totaled $476.4 million, down 11% on a reported basis [4] Operating Performance - The company reported an operating profit of $28.2 million, down 57.2% year over year [5] - Operating profit margin was 0.69% [5] Balance Sheet & Cash Flow - Cash and cash equivalents at the end of the quarter were $395 million, down from $604.8 million a year ago [6] - Long-term debt was $971.4 million, slightly up from $968.9 million [6] - The company used $153.2 million in cash from operating activities [6] Q2 Guidance - Management guided second-quarter EPS in the range of 65-75 cents per share, below the current Zacks Consensus Estimate of $1 [7] - The guidance includes an estimated favorable currency impact of 3 cents and a 46.5% effective tax rate [7]