Shares of ManpowerGroup Rise as Revenue Returns to Growth

Dow Jones
Oct 16

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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