ASGN To Report Q2 Earnings: What's In Store For The Stock?
Zacks Investment Research | Jul 18, 2019 09:51PM ET
ASGN Incorporated (NYSE:ASGN) is set to report second-quarter 2019 results on Jul 24.
The company’s earnings surpassed the Zacks Consensus Estimate in two of the trailing four quarters and missed it on other two occasions, the average positive surprise being 5.25%.
In the last reported quarter, the company’s earnings per share of 93 cents lagged the Zacks Consensus Estimate of 96 cents but improved 12% year over year.
ASGN’s revenues surged 34.8% year over year to $924 million and also surpassed the Zacks Consensus Estimate of $921 million.
Outlook and Estimates for Q2
For the second quarter, ASGN expects revenues between $967 million and $977 million, indicating 10.1-11.2% growth from the year-ago reported figure.
The Zacks Consensus Estimate for the same stands at $972 million, suggesting a 10.7% increase from the year-earlier reported figure.The consensus estimate for earnings of $1.19 has been flat ahead of the company’s earnings release.
ASGN Incorporated Price and EPS Surprise
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