Asgn Inc Expected To Post Earnings Of $1.56 A Share: Earnings Preview

Everforth

24/10/2023 03:01

* ASGN Inc  ASGN.N   ASGN.K  is expected to show a fall in
quarterly revenue when it reports  results on October 25. 
    * The Glen Allen Virginia-based  company is expected to
report  a
7.0% decrease in revenue to $1.114 billion from $1.2 billion a
year ago, according to the mean estimate from 8 analysts, based
on Refinitiv data. The company's guidance on July 26 2023, for
the period ended September 30, was for revenue between $1.10
billion and $1.12 billion.
    * ​Refinitiv's mean analyst estimate for ASGN Inc is for
earnings
of $1.56 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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
$87​,
above​ its last closing price of $78.64. ​​​

The company's guidance on July 26 2023 for the period ended
September 30 was for Earnings before Interest, Taxes,
Depreciation and Amortization of between USD1.1 billion and
USD135.5 million.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2022  1.79        1.78       1.79      Beat    0.6
 ​​Jun.        1.67        1.65       1.71      Beat    3.9
 30 2022                                                
 Mar. 31 2022  1.38        1.37       1.57      Beat    14.9​
 Dec. 31 2021  1.35        1.35       1.55      Beat    15
 Sep. 30 2021  1.48        1.47       1.58      Beat    7.8
 This summary was machine generated October 24 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated