AP NEWS

Manpower: 4Q Earnings Snapshot

January 31, 2020 GMT

MILWAUKEE (AP) _ ManpowerGroup Inc. (MAN) on Friday reported fourth-quarter net income of $138.8 million.

On a per-share basis, the Milwaukee-based company said it had profit of $2.33. Earnings, adjusted for pretax gains, came to $2.15 per share.

The results surpassed Wall Street expectations. The average estimate of six analysts surveyed by Zacks Investment Research was for earnings of $2.04 per share.

The staffing company posted revenue of $5.2 billion in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $5.19 billion.

For the year, the company reported profit of $465.7 million, or $7.72 per share. Revenue was reported as $20.86 billion.

Manpower shares have declined slightly more than 3% since the beginning of the year. The stock has risen 24% in the last 12 months.

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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on MAN at https://www.zacks.com/ap/MAN