ASGN To Post Q3 Earnings: What's In The Cards For The Stock?

 | Oct 16, 2019 11:56PM ET

ASGN Incorporated (NYSE:ASGN) is set to report third-quarter 2019 results on Oct 23.

The company’s earnings surpassed the Zacks Consensus Estimate in one of the trailing four quarters and missed it on other three occasions, the average positive surprise being 1.93%.

For the third quarter, ASGN expects revenues between $993 million and $1.003 billion, indicating 9.5-10.7% growth from the year-ago reported figure.

The Zacks Consensus Estimate for the same stands at $998.7 million, suggesting a 10.2% increase from the year-earlier reported figure.

The consensus estimate for earnings of $1.23 has been flat ahead of the company’s earnings release.

A Look at Q2 Results

In the last reported quarter, the company’s earnings per share of $1.1 lagged the Zacks Consensus Estimate of $1.19 as well as the year-ago quarterly figure of $1.3.

ASGN’srevenues rose 10.7% year over year to $972.3 million and also surpassed the Zacks Consensus Estimate of $972 million.

ASGN Incorporated Price and EPS Surprise

Zacks Investment Research

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