Manpower: 4Q Earnings Snapshot
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.