ManpowerGroup Inc. announced unaudited consolidated earnings results for the fourth quarter and year ended December 31, 2016. For the quarter, the company's revenues from services were $4,956.1 million compared with $4,953.9 million a year ago. Operating profit was $212.0 million compared with $181.1 million a year ago. Earnings before income taxes were $196.9 million compared with $180.1 million a year ago. Net earnings were $127.4 million or $1.87 per diluted share compared with $123.9 million or $1.66 per diluted share a year ago. Financial results in the quarter were significantly impacted by the stronger U.S. dollar relative to several foreign currencies compared to the prior year period. Earnings per share were negatively impacted 7 cents by changes in foreign currencies compared to the prior year.

For the year, the company's revenues from services were $19,654.1 million compared with $19,329.9 million a year ago. Operating profit was $750.8 million compared with $688.9 million a year ago. Earnings before income taxes were $701.3 million compared with $660.7 million a year ago. Net earnings were $443.7 million or $6.27 per diluted share compared with $419.2 million or $5.40 per diluted share a year ago. 2016 earnings were unfavorably impacted by 15 cents per diluted share due to changes in foreign currencies compared to the prior year. Cash provided by operating activities was $600.0 million compared with $511.5 million a year ago. Capital expenditures were $56.9 million compared with $52.3 million a year ago.

The company is anticipating diluted earnings per share in the first quarter of 2017 to be in the range of $1.06 to $1.14 which includes an estimated unfavorable currency impact of 5 cents.