ASGN (ASGN) Scheduled to Post Earnings on Wednesday

ASGN (NYSE:ASGN) is scheduled to be posting its quarterly earnings results after the market closes on Wednesday, October 23rd. Analysts expect ASGN to post earnings of $1.23 per share for the quarter. ASGN has set its Q3 2019 guidance at $1.20-1.26 EPS and its Q3 guidance at $1.20-1.26 EPS.Individual interested in participating in the company’s earnings conference call can do so using this link.

ASGN (NYSE:ASGN) last released its quarterly earnings data on Wednesday, July 24th. The business services provider reported $1.10 EPS for the quarter, missing the consensus estimate of $1.19 by ($0.09). ASGN had a return on equity of 19.56% and a net margin of 4.64%. The business had revenue of $972.30 million during the quarter, compared to analysts’ expectations of $972.24 million. During the same quarter in the prior year, the firm earned $1.11 earnings per share. ASGN’s quarterly revenue was up 10.7% on a year-over-year basis. On average, analysts expect ASGN to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

ASGN stock opened at $61.20 on Monday. ASGN has a 52 week low of $50.33 and a 52 week high of $71.83. The company has a quick ratio of 2.14, a current ratio of 2.14 and a debt-to-equity ratio of 0.85. The firm’s 50-day simple moving average is $62.08 and its 200 day simple moving average is $60.75. The firm has a market capitalization of $3.24 billion, a PE ratio of 13.97, a P/E/G ratio of 1.46 and a beta of 1.94.

Several equities research analysts recently commented on the stock. ValuEngine upgraded shares of ASGN from a “sell” rating to a “hold” rating in a research report on Thursday, September 5th. Zacks Investment Research lowered shares of ASGN from a “hold” rating to a “sell” rating in a research report on Wednesday, October 16th. SunTrust Banks decreased their price objective on shares of ASGN to $84.00 and set a “buy” rating on the stock in a research report on Thursday, July 25th. William Blair reiterated an “outperform” rating on shares of ASGN in a research report on Friday, September 20th. Finally, Royal Bank of Canada set a $76.00 price objective on shares of ASGN and gave the stock a “buy” rating in a research report on Friday, July 26th. One research analyst has rated the stock with a sell rating, three have issued a hold rating and seven have issued a buy rating to the company. ASGN currently has a consensus rating of “Buy” and a consensus target price of $74.00.

ASGN Company Profile

ASGN Incorporated provides information technology (IT) and professional staffing services in the technology, digital, creative, engineering, and life sciences fields across commercial and government sectors in the United States and internationally. The company operates through Apex, Oxford, and ECS segments.

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Earnings History for ASGN (NYSE:ASGN)

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