Asgn Inc Reports Results For The Quarter Ended In March: Earnings Summary

Everforth

24/04/2024 22:54

* ASGN Inc  ASGN.N  reported quarterly adjusted earnings of
$1.16​​ per share for the quarter ended in March, lower than the
same quarter last year, when the company reported EPS of $1.38. 
The mean expectation of eight analysts for the quarter was
for earnings of $1.11 per share. Wall Street expected results to
range from 87 cents to $1.19 per share.
    * Revenue fell 7.1% to $1.05 billion from a year ago;
analysts
expected $1.04 billion. 
    * ASGN Inc's reported EPS for the quarter was 81 cents​.
    * The company reported quarterly net income of $38.1
million.
    * ASGN Inc shares had fallen by 3.8% this quarter and
gained 4.8%
so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 10.3%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * 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 average consensus recommendation for the it services &
consulting peer group is also "hold"

Wall Street's median 12-month price target for ASGN Inc is
$99.00 
This summary was machine generated from LSEG data April 24 at
09:54 p.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2024      1.11           1.16           Beat
 Dec. 31 2023      1.37           1.45           Beat
 Sep. 30 2023      1.56           1.68           Beat
 Jun. 30 2023      1.49           1.59           Beat