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Earnings Out Of 2 Jobs Companies: Manpower, Monster Worldwide

Earnings Out Of 2 Jobs Companies: Manpower, Monster Worldwide|NYSE:MANNYSE:MWW

Two companies from job recruitment sector, ManpowerGroup Inc. NYSEMAN and Monster Worldwide, Inc. MWW 1.19%, have announced their results on Friday. Manpower results topped estimates, while Monster results failed to cheer investors.

Q3 Results

Manpower reported net earnings of $129.2 million, or $1.87 per share, on revenue of $5.1 billion in the third quarter. This exceeded the Street analysts' estimates of $1.71 per share on revenue of $4.99 billion.

In the year-ago quarter, the company earned a profit of $123.9 million, or $1.61 a share, on $4.97 billion.

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On the other hand, Monster Worldwide delivered 13 percent drop in revenue from continuing operations to $144.8 million in the third quarter. The company suffered a loss from continuing operations of $180.5 million, or a loss per share of $2.03. Adjusted loss from continuing operations was $4.7 million, or a loss per share of $0.05, in the third quarter.

Outlook

Only Manpower provided outlook for the fourth quarter. The company expects EPS of $1.65–$1.73 for the December quarter. This included $0.02 a share unfavorable currency impact. Street analysts are looking for an EPS of $1.64.

At Last Check ...

  • ManpowerGroup closed Thursday's session at $72.91. In Friday's pre-market, shares were up 4.92 percent at $76.50.
  • Monster Worldwide closed Thursday's session at $3.37, but at last check in Friday's pre-market session, the stock was up 1.78 percent to $3.43.

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