By Connor Hart
Shares of ManpowerGroup climbed after the company posted higher revenue in the third quarter, boosted by stabilizing demand across multiple end markets.
The stock rose 6% to $40.31 in premarket trading Thursday. Through Wednesday's close, shares have lost roughly one-third of their value so far this year.
The provider of talent and employment services before the opening bell said profit fell to $18 million, or 38 cents a share, from $22.8 million, or 47 cents a share, a year earlier.
Stripping out costs tied to restructuring and hyperinflation in Argentina, earnings were 83 cents a share. Analysts polled by FactSet expected adjusted earnings of 81 cents a share.
Revenue ticked up 2.3% to $4.63 billion, just ahead of the $4.6 billion that Wall Street modeled.
Chief Executive Jonas Prising said that despite ongoing tariff uncertainty, demand has recently stabilized in North America and Europe. This trend provided a boost to revenue, he said, helping break an 11-quarter streak of declining revenue.
Looking ahead, ManpowerGroup guided for earnings of 78 cents to 88 cents a share in the fourth quarter, the midpoint of which is in-line with analysts' expectations.
Write to Connor Hart at connor.hart@wsj.com
(END) Dow Jones Newswires
October 16, 2025 09:09 ET (13:09 GMT)
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