Asgn Inc Expected To Post Earnings Of $1.50 A Share: Earnings Preview

Everforth

07/02/2023 02:06

* ASGN Inc  ASGN.N   ASGN.K  is expected to show a rise in
quarterly revenue when it reports  results on February 8. 
    * The Glen Allen Virginia-based  company is expected to
report  a
7.9% increase in revenue to $1.137 billion from $1.05 billion a
year ago, according to the mean estimate from 7 analysts, based
on Refinitiv data. The company's guidance on October 26 2022,
for the period ended December 31, was for revenue between 1.12
billion and 1.14 billion.
    * ​Refinitiv's mean analyst estimate for ASGN Inc is for
earnings
of $1.50 per share. The company's EPS guidance on October 26
2022, for the period ended December 31, was between 1.44 and
1.51 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 3
"hold" and 1 "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
$102​, above​ its last closing price of $94.17. ​​​

The company's guidance on October 26 2022 for the period ended
December 31 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between 1.123 billion and 133.5
million.The company's guidance on October 26 2022 for the period
ended December 31 was for gross profit margin between 29.8% and
30%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2022  1.38        1.37       1.57      Beat    14.9​
 Dec. 31 2021  1.35        1.35       1.55      Beat    15
 ​​Sep.        1.48        1.47       1.58      Beat    7.8
 30 2021                                                
 Jun. 30 2021  1.27        1.27       1.32      Beat    3.8​
 Mar. 31 2021  1.10        1.10       1.15      Beat    4.8
 Dec. 31 2020  1.15        1.15       1.31      Beat    13.8
 This summary was machine generated February 7 at 02:06 GMT.  All
figures in US dollars  unless otherwise stated