ManpowerGroup Slides 17% as Restructuring Costs Dent Q3 Profit, Q4 Guidance Soft
MAN sits 71% above its 52-week low of $25.15 on elevated volume (2.0× avg).
Summary
ManpowerGroup posted Q3 GAAP EPS of $0.71, missing the $0.94 FactSet consensus, while adjusted EPS of $1.01 came in line. Restructuring and transformation costs, a business sale adjustment and Argentina hyperinflationary FX losses shaved 30 cents off EPS. Revenue rose 4.4% to $4.84B, just shy of the $4.86B estimate. The bigger problem is guidance: Q4 EPS of $1.03-$1.13 brackets a midpoint below the $1.10 consensus, and shares fell 17% to $43.31 on the print. This follows this morning's 8-K naming Becky Frankiewicz CEO effective January 1, 2027, with Jonas Prising moving to Executive Chairman — a leadership transition landing alongside a soft quarter.
At the time of this announcement, MAN was trading at $42.97 on NYSE in the Trade & Services sector, with a market capitalization of approximately $2B. The 52-week trading range was $25.15 to $63.88. This news item was assessed with negative market sentiment and an importance score of 7 out of 10. Source: Dow Jones Newswires.