ManpowerGroup Q1 EPS falls to $0.05 as revenue rises 10% to $4.5 billion
ManpowerGroup reported first-quarter 2026 revenue of $4.5 billion, up 10% from a year earlier (3% in constant currency), but net earnings fell to $2.5 million, or $0.05 per diluted share, from $5.6 million, or $0.12, a year earlier. Restructuring and transformation costs reduced EPS by $0.46, and the company launched a global transformation program it expects to save $200 million a year by 2028.
Key points
- Net earnings were $2.5 million, or $0.05 per diluted share, versus $5.6 million, or $0.12, in the prior year quarter.
- Restructuring and strategic transformation costs reduced first-quarter EPS by $0.46; excluding these charges, EPS was $0.51.
- The company expects second-quarter 2026 diluted EPS of $0.91 to $1.01, including a 43% effective tax rate.
- The expanded transformation program is expected to deliver $200 million in permanent cost savings in 2028.
The filing
Written by AI on Nov 8, 2026, 1:54 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on April 16, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.