Manpowergroup reports q1 2020 results

Manpowergroup reports 1st quarter 2020 results.q1 earnings per share $0.03 excluding items.q1 revenue $4.6 billion versus refinitiv ibes estimate of $4.3 billion.q1 earnings per share estimate $0.75 -- refinitiv ibes data.q1 earnings per share $0.03.q1 results significantly impacted by covid-19 crisis.ended quarter with $1.1 billion of cash and cash equivalents and $600 million of untapped revolving credit facility.manpower says it will not be providing guidance for q2 earnings.manpowergroup - current year quarter included restructuring costs, which reduced earnings per share by 68 cents.manpowergroup - current year quarter included a previously disclosed non-cash pension settlement charge, which reduced earnings per share by 11 cents.manpower cites inability to forecast when governments in certain major markets will be lifting current work restrictions, as reason it will not provide q2 guidance.manpowergroup - financial results in quarter were also impacted by stronger u.s. dollar relative to foreign currencies compared to prior year period.manpowergroup says it repurchased 871,000 shares of common stock for $64 million during quarter.q2 earnings per share view $0.36 -- refinitiv ibes data.q2 revenue view $3.55 billion -- refinitiv ibes data.free cash flow was at $172 million in quarter, representing an $80 million increase from year ago period.
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