ManpowerGroup Stock Declines 3.2% Since Q3 Earnings Beat

Core Insights - ManpowerGroup, Inc. reported strong third-quarter 2025 results with earnings and revenues exceeding the Zacks Consensus Estimate, yet the stock declined by 3.2% post-results announcement on October 16 [1] Financial Performance - Adjusted earnings per share (EPS) were 83 cents, beating the Zacks Consensus Estimate by 1.2% but down 35.7% year over year [2] - Total revenues reached $4.63 billion, surpassing the consensus estimate by 0.6% and increasing by 2.3% year over year [2] - The company's stock has decreased by 44.8% over the past year, contrasting with a 35% decline in the industry and an 18.5% rise in the Zacks S&P 500 composite [2] Revenue Breakdown - Revenues from America totaled $1.1 billion, exceeding expectations and rising 4.6% year over year; U.S. revenues were $690.8 million, slightly below estimates [3] - Southern Europe revenues were $2.21 billion, above projections, with a reported increase of 5.2% but a decline of 1.3% at constant currency [4] - Northern Europe revenues fell by 1.4% on a reported basis and 6.7% at constant currency to $816.8 million, underperforming estimates [5] Operating Performance - The company reported an operating profit of $66.6 million, down 6.1% year over year on a reported basis [6] Balance Sheet and Cash Flow - Cash and cash equivalents decreased to $274.6 million from $509.4 million at the end of December 2024; long-term debt was reduced to $468.3 million from $929.4 million year over year [7] - The company utilized $283 million in cash from operating activities and spent $38.2 million on share repurchases during the quarter [7] Guidance - Management provided guidance for third-quarter EPS in the range of 78-88 cents, with a midpoint of 83 cents, including an estimated favorable currency impact of 8 cents [10]