BUZZ — ManpowerGroup plunges on weak Q4 forecast and Q3 revenue miss, names new CEO

* Shares of ManpowerGroup tumble more than 20% to $41.41 premarket * The employment services provider sees Q4 EPS of $1.03 to $1.13, the midpoint of which is below the $1.10 estimate, per data compiled by LSEG * Q3 rev of $4.84 bln misses est $4.86 bln * Q3 adjusted profit per share of $1.01 in line with estimates * Co names insider Becky Frankiewicz CEO, effective Jan. 1, 2027 * Frankiewicz will be only the fifth CEO in the company's nearly 80-year history * Frankiewicz, currently president and chief strategy officer, succeeds Jonas Prising * Prising has been CEO since 2014 and will become executive chair * 3 of 12 brokerages rate the stock "buy" or above, 9 "hold"; median PT is $55.50 - data compiled by LSEG * As of last close, stock up ~75% YTD (Reporting by Miraanta Lowrance in Bengaluru) ((miraanta.lowrance@thomsonreuters.com)