Manpower beats by $0.07, beats on revs; guides Q4 EPS above consensus (122.69)
- Reports Q3 (Sep) earnings of $2.04 per share, $0.07 better than the Capital IQ Consensus of $1.97; revenues rose 7.4% year/year to $5.46 bln vs the $5.41 bln Capital IQ Consensus. Financial results in the quarter were impacted by stronger foreign currencies relative to the U.S. dollar compared to the prior year period. On a constant currency basis, revenues increased 4% and net earnings per diluted share increased 6%. Earnings per share in the quarter were positively impacted 6 cents by changes in foreign currencies compared to the prior year.
- Co issues upside guidance for Q4, sees EPS of $2.01-2.09 vs. $2.01 Capital IQ Consensus Estimate.
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