ASGN (NYSE:ASGN) reported its Q2 earnings results on Wednesday, July 27, 2022 at 04:15 PM.
Here’s what investors need to know about the announcement.
Earnings
ASGN beat estimated earnings by 3.64%, reporting an EPS of $1.71 versus an estimate of $1.65.
Revenue was up $167.10 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.2 which was followed by a 5.61% increase in the share price the next day.
Here’s a look at ASGN’s past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 1.37 | 1.35 | 1.47 | 1.27 |
| EPS Actual | 1.57 | 1.55 | 1.58 | 1.32 |
| Revenue Estimate | 1.05B | 1.03B | 1.06B | 965.70M |
| Revenue Actual | 1.09B | 1.05B | 1.07B | 974.90M |
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Guidance
ASGN management provided guidance for Q3 2022, expecting earnings between $1.73 and $1.8 per share.
To track all earnings releases for ASGN visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
