Dow Jones Newswires: Adecco profit falls short of expectations amid challenging market conditions [MarketWatch]
ADECCO GROUP AG UNSP/ADR (AHEXY)
NASDAQ:AMEX Investor Relations:
newsquantified.com/ahexy/stock-report/adecco-group-ag-american-depositary-receipts-uns-briefadecco-ceo-sees-slight-deceleration-05p29n
Company Research
Source: MarketWatch
Adecco profit falls short of expectations amid challenging market conditions Adecco Group AG said Tuesday that net profit and revenue fell for the third quarter as challenging conditions persisted in several markets. The Swiss staffing company’s ADEN, -1.99% net profit for the period fell to 179 million euros ($199.6 million) from EUR270 million the year previous, missing analysts’ expectations of EUR201.4 million, according to a consensus estimate provided by FactSet. Revenue fell 3% on an organic basis to EUR5.9 billion. Adjusted for trading days, revenue fell 4%. Adecco attributed the decline to continued challenging market conditions in Europe and the U.S., and said the trends seen during the third quarter continued in September and October, with revenue for the two months combined falling 4% both organically and when adjusted for trading days. “We delivered a solid performance in an uncertain external environment,” said Adecco Chief Executive Alain Dehaze. The company said it
Show less
Read more
Impact Snapshot
Event Time:
AHEXY
Last Price
Price Change
Price Change%
Volume Shares
Max Up
Max Down
%
Volume Ratio
Performance Comparison
Updated
|
Event Day
Stock performance from the time of news release until the following 4pm ET market close
|
Last price at news event
|
Since Event
Multi-day stock performance from the time of the news release
|
|---|---|---|
|
EVENT DAY
Stock performance from the time of news release until the following 4pm ET market close
|
LAST
PRICE AT NEWS EVENT |
SINCE EVENT
Multi-day stock performance from the time of the news release
|
| Last Price | ||
| VWAP | ||
|
High:
|
Max Up |
High:
|
|
Low:
|
Max Down |
Low:
|
|
%
|
Post news range |
%
|
|
|
Price change |
|
|
|
Price Change Percentage |
|
|
|
S&P 500 (SPX) |
|
|
%
|
Volume ratio |
%
|
| Volume | ||
| Ticks | ||
|
|
Avg transaction size |
|
Don't Miss Out On The Next BIG Stock Move
Event day
Event Day Chart will not be displayed beyond 90-day period of the event
Performance since event
Time And Velocity Analysis
Be the first to know
Opt in for alerts from News Quantifed
Sign Up Today
Opt-in for
AHEXY alerts
Learn More With NQ
Reading the Impact Report
Help Me Understand This Data
Help Me Understand This Data
How NQ Works
What is news-based trading?
And why is it so successful?
And why is it so successful?
Movers & Shakers
The biggest gainers and losers and WHY it moved
AHEXY alerts
High impacting ADECCO GROUP AG UNSP/ADR news events
Weekly update
A roundup of the hottest topics
AHEXY
News
- NEW LHH REPORT REVEALS RISE IN SEVERANCE IN NORTH AMERICA AMID INCREASED MARKET VOLATILITY [Globe and Mail, The (Toronto, Canada)]Globe and Mail, The
- NEW LHH REPORT REVEALS RISE IN SEVERANCE IN NORTH AMERICA AMID INCREASED MARKET VOLATILITY [Yahoo! Finance]Yahoo! Finance
- Adecco Group AG (OTCMKTS: AHEXY) was upgraded by analysts at BNP Paribas to a "hold" rating.MarketBeat
- Entry-level Workers Less Prepared for Work Than Five Years Ago, According to General Assembly Study [Yahoo! Finance]Yahoo! Finance
- Investors Can Find Comfort In Adecco Group's (VTX:ADEN) Earnings Quality [Yahoo! Finance]Yahoo! Finance