ManpowerGroup (NYSE:MAN) reported upbeat earnings for the first quarter on Thursday.
The company posted quarterly earnings of 51 cents per share which beat the analyst consensus estimate of 49 cents per share. The company reported quarterly sales of $4.510 billion which beat the analyst consensus estimate of $4.414 billion.
ManpowerGroup said it sees second-quarter GAAP EPS of 91 cents to $1.05, versus market estimates of 96 cents.
Jonas Prising, ManpowerGroup Chair & CEO, said, “We delivered solid performance in the quarter driven by disciplined execution and stabilization in demand trends across key markets. This marks five consecutive quarters of year over year revenue trend improvement. We grew our pipeline, saw continued momentum across the portfolio within our Manpower brand, and enhanced operating leverage through reductions in SG&A. Building on this …