Asgn Inc Expected To Post Earnings Of $1.49 A Share: Earnings Preview

Everforth

25/07/2023 24:59

* ASGN Inc  ASGN.N   ASGN.K  is expected to show a fall in
quarterly revenue when it reports  results on July 26. 
    * The Glen Allen Virginia-based  company is expected to
report  a
1.0% decrease in revenue to $1.13 billion from $1.14 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. The company's guidance on April 26 2023, for
the period ended June 30, was for revenue between 1.11 billion
and 1.15 billion.
    * ​Refinitiv's mean analyst estimate for ASGN Inc is for
earnings
of $1.49 per share. The company's EPS guidance on April 26 2023,
for the period ended June 30, was between 1.41 and 1.56 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 3 "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
$81​,
below​ its last closing price of $81.20. ​​​

The company's guidance on April 26 2023 for the period ended
June 30 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 1.11 billion and 135 million.The
company's guidance on April 26 2023 for the period ended June 30
was for gross profit margin between 28.4% and 28.9%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  1.43        1.43       1.38      Missed  -3.2
 Dec. 31 2023  1.50        1.50       1.51      Beat    1
 Sep. 30 2022  1.79        1.78       1.79      Beat    0.6​
 Jun. 30 2022  1.67        1.65       1.71      Beat    3.9
 ​​Mar.        1.38        1.37       1.57      Beat    14.9
 31 2022                                                
 Dec. 31 2021  1.35        1.35       1.55      Beat    15​
 Sep. 30 2021  1.48        1.47       1.58      Beat    7.8
 Jun. 30 2021  1.27        1.27       1.32      Beat    3.8
 This summary was machine generated July 24 at 23:59 GMT.  All
figures in US dollars  unless otherwise stated