ManpowerGroup Expects Q4 EPS Of $0.98-$1.08 Vs $1.30 Est
Portfolio Pulse from Benzinga Newsdesk
ManpowerGroup has announced its expected Q4 EPS to be between $0.98 and $1.08, which is below the estimated $1.30. This guidance includes a minor unfavorable currency impact but excludes restructuring costs and Argentina-related non-cash currency translation losses.
October 17, 2024 | 11:36 am
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ManpowerGroup's Q4 EPS guidance of $0.98-$1.08 is below the $1.30 estimate, potentially impacting stock prices negatively. The guidance accounts for a minor currency impact but excludes restructuring and Argentina-related losses.
The lower-than-expected EPS guidance suggests potential underperformance, which could lead to a negative reaction in the stock market. The exclusion of restructuring costs and Argentina-related losses indicates that the actual impact could be more significant.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100