On Oct. 17, Manpower
- Favorable foreign currency translations added $0.08 to the diluted earnings-per-share figure.
- The company's strong geographic presence and business portfolio were evident in the 15% rise in revenue.
- While management showed slight concern for the near future, it doesn't believe the company will be significantly affected and is anticipating full-year diluted earnings per share of $1.50 to $1.54.
- Manpower is a three-star stock (out of a possible five) in our CAPS community, but lags behind rivals Kforce
(NASDAQ:KFRC) and Labor Ready(NYSE:LRW) , which both boast four stars.
(Figures in millions, except per-share data)
Income Statement Highlights
Q3 2007 |
Q3 2006 |
Change |
|
---|---|---|---|
Sales |
$5,295.4 |
$4,590.0 |
15.4% |
Net Profit |
$131.7 |
$97.0 |
35.8% |
EPS |
$1.57 |
$1.12 |
40.2% |
Diluted Shares |
84.1 |
86.7 |
(3%) |
Margin Checkup
Q3 2007 |
Q3 2006 |
Change* |
|
---|---|---|---|
Gross Margin |
18.4% |
17.5% |
0.9 |
Operating Margin |
4.2% |
3.6% |
0.6 |
Net Margin |
2.5% |
2.1% |
0.4 |
Margins are the earnings engine. See how they work.
Balance Sheet Highlights
Assets |
Q3 2007 |
Q3 2006 |
Change |
---|---|---|---|
Cash + ST Invest. |
$538.8 |
$484.5 |
11.2% |
Accounts Rec. |
$4,537.3 |
$3,772.1 |
20.3% |
Liabilities |
Q3 2007 |
Q3 2006 |
Change |
---|---|---|---|
Accounts Payable |
$1,011.3 |
$883.6 |
14.5% |
Long-Term Debt |
$855.3 |
$759.9 |
12.6% |
Learn the ways of the balance sheet.
Cash Flow Highlights
YTD 2007 |
YTD 2006 |
Change |
|
---|---|---|---|
Cash From Ops. |
$299.2 |
$226.1 |
32.3% |
Capital Expenditures* |
$166.0 |
$55.1 |
201.3% |
Free Cash Flow |
$133.2 |
$171.0 |
(22.1%) |
Free cash flow is a Fool's best friend.
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