Manpowergroup Stock Shares Rise on 2Q Profit Swing, 3Q Outlook

Dow Jones

Jul 16

Shares of ManpowerGroup jumped after it provided slightly higher third-quarter earnings guidance than expected and swung to a second-quarter profit.

The stock was up 10% at $43 in premarket trading. Shares had already gained 31% year-to-date when the market closed Wednesday.

The provider of talent and employment services said it expects adjusted earnings of 96 cents to $1.06 a share in the current quarter. The midpoint, $1.02 a share, is a penny higher than the consensus estimate analysts polled by FactSet.

UBS analysts said in a research note earlier this week that ManpowerGroup's third-quarter guidance could come in below Wall Street estimates in light of incremental foreign exchange headwinds, taxes and the recent sale of its Jefferson Wells business.

The company also reported a profit of $53.5 million, or $1.13 a share, in the second quarter, swinging from a loss of $67.1 million, or $1.44 a share, a year earlier.

Quarterly revenue jumped 8% to $4.86 billion, ahead of analyst forecasts for $4.72 billion.

Write to Dean Seal at dean.seal@wsj.com

(END) Dow Jones Newswires

July 16, 2026 08:37 ET (12:37 GMT)

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