Asgn Inc Expected To Post Earnings Of $1.37 A Share: Earnings Preview

Everforth

05/02/2024 22:38

* ASGN Inc  ASGN.N   ASGN.K  is expected to show a fall in
quarterly revenue when it reports  results on February 7 for the
period ending December 31 2023
    * The Glen Allen Virginia-based  company is expected to
report a
8.4% decrease in revenue to $1.053 billion from $1.15 billion a
year ago, according to the mean estimate from 9 analysts, based
on LSEG data.The company's guidance on October 25 2023, for the
period ended December 31, was for revenue between $1.04 billion
and $1.06 billion.
    * ​LSEG's mean analyst estimate for ASGN Inc is for earnings
of
$1.37 per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and 2 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for ASGN Inc is
$87.50​, below​ its last closing price of $93.48. ​​​

The company's guidance on October 25 2023 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD1.04 billion and
USD119.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.56        1.56       1.68      Beat    7.8
 Jun. 30 2023  1.50        1.49       1.59      Beat    6.4
 Mar. 31 2023  1.43        1.43       1.38      Missed  -3.2​
 Dec. 31 2022  1.50        1.50       1.51      Beat    1
 ​​Sep.        1.79        1.78       1.79      Beat    0.6
 30 2022                                                
 Jun. 30 2022  1.67        1.65       1.71      Beat    3.9​
 Mar. 31 2022  1.38        1.37       1.57      Beat    14.9
 Dec. 31 2021  1.35        1.35       1.55      Beat    15
 This summary was machine generated February 5 at 22:38 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)