Equity Research on Robert Half International Inc. and ManpowerGroup - Staffing and Outsourcing Services Better Than Expected in the Third Quarter
(firmenpresse) - NEW YORK, NY -- (Marketwire) -- 11/06/12 -- For the most part, companies in the staffing and outsourcing services industry, such as Robert Half International Inc. and ManpowerGroup, impressed with their third quarter financial results. Improved efficiency helped companies boost margins and job prospects have picked up somewhat. Nonetheless, the sluggish macroeconomic environment remains a drag, particularly in Europe. Get your free reports on and at . There is no commitment to join.
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During the quarter, Robert Half succeeded in growing earnings per share by 32 percent year-over-year to 41 cents, while revenue increased to $1.03 billion, 5 percent higher than a year ago. The company enjoyed its ninth consecutive quarter of year-over-year growth in U.S. staffing revenues as well as an impressive 31 percent improvement in global operating revenue. report is accessible for free by registering today at
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Despite falling 19 percent below last year's figures, Manpower exceeded Wall Street's expectations as it reported third quarter earnings of 79 cents per share. Revenue declined 11 percent in the third quarter as Europe made a poor showing; France and Italy were especially soft. Nevertheless, the company impressed with improvements to its gross margin, successful cost management and strength in counter-cyclical outplacement services. report is accessible for free by registering today at
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