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Recap: ASGN Q2 Earnings

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.

Benzinga · 07/27/2022 18:02

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.