ManpowerGroup Stock Plunges 19.47% on Disappointing Earnings

ManpowerGroup (MAN) shares plummeted 19.47% intraday, marking the lowest level since December 2012. The stock has been on a downward spiral for three consecutive days, with a cumulative decline of 22.53% over the past three days.

ManpowerGroup's recent financial performance has been under scrutiny, with the company reporting disappointing first-quarter 2025 earnings. The revenue for the quarter was $4.1 billion, a 7% decrease from the previous year. This decline, coupled with a challenging hiring environment, has raised concerns among investors and analysts alike. The company's cash flow has also deteriorated, with a significant negative cash flow from operating activities reported in Q1 2025. These financial results have led to a cautious outlook and a downgrading of the company's valuation by analysts.

Despite surpassing fourth-quarter 2024 earnings estimates, ManpowerGroup is facing negative demand trends in key markets such as Europe and North America. These trends are not expected to recover soon, further exacerbating the company's financial challenges. The combination of disappointing earnings, decreased revenue, and a challenging hiring environment has contributed to the stock's poor performance and the downgrading of its valuation by analysts.