Manpowergroup

Q2 FY2026 EarningsQ2 FY26 results beat consensus on both top and bottom lines: revenue of $4.86B vs. $4.72B expected (+2.91%) and Diluted EPS (GAAP) of $1.13 vs. $0.83 expected (+36.14%). Operating profit of $112M significantly outperformed the $89.6M mean forecast, primarily driven by a $30M gain from the Jefferson Wells U.S. business sale and the absence of prior-year impairment charges. However, gross margin of 16.1% slightly missed the 16.2% consensus due to business mix shifts and the divestiture of higher-margin assets. Management noted a cyclical inflection point, citing strengthening demand in the U.S. and Southern Europe despite ongoing measured client hiring.