For the quarter ended September 2024, ASGN Inc (ASGN) reported revenue of $1.03 billion, down 7.7% over the same period last year. EPS came in at $1.43, compared to $1.68 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.04 billion, representing a surprise of -0.41%. The company delivered an EPS surprise of +5.93%, with the consensus EPS estimate being $1.35.While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street ...

ASGN Inc (ASGN) came out with quarterly earnings of $1.43 per share, beating the Zacks Consensus Estimate of $1.35 per share. This compares to earnings of $1.68 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 5.93%. A quarter ago, it was expected that this staffing company would post earnings of $1.33 per share when it actually produced earnings of $1.36, delivering a surprise of 2.26%.Over the last four quarters, the company ...

Exhibit 99.1 ASGN Incorporated Reports Third Quarter 2024 Results Adjusted EBITDA and gross margins at midpoint or top end of guidance estimates October 23, 2024 RICHMOND, VA.— (BUSINESS WIRE) -- ASGN Incorporated (NYSE: ASGN), a leading provider of IT services and solutions to the commercial and government sectors, reported financial results for the quarter ended September 30, 2024. Highlights • Revenues were $1.031 billion • Net income was $47.5 million • Adjusted EBITDA (a non-GAAP measure) was $116.9 mi ...

Wall Street expects a year-over-year decline in earnings on lower revenues when ASGN Inc (ASGN) reports results for the quarter ended September 2024. While this widely-known consensus outlook is important in gauging the company's earnings picture, a powerful factor that could impact its near-term stock price is how the actual results compare to these estimates.The earnings report, which is expected to be released on October 23, 2024, might help the stock move higher if these key numbers are better than expe ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission file number: 001-35636 ASGN Incorporated (Exact name of registrant as specified in its charter) Delaware 95-4023433 (State of Incorporation) (I.R.S. Employer Identification No.) 4 ...

ASGN Incorporated (NYSE:ASGN) Q2 2024 Earnings Conference Call July 24, 2024 4:30 PM ET Company Participants Kimberly Esterkin - Vice President of Investor Relations Theodore Hanson - Chief Executive Officer Marie Perry - Chief Financial Officer Randolph Blazer - President Conference Call Participants Trevor Romeo - William Blair Mark Marcon - Baird Joseph Vafi - Canaccord Emily Marzo - Bank of America Surinder Thind - Jefferies Tobey Sommer - Truist Securities Operator Greetings, and welcome to the ASGN In ...

For the quarter ended June 2024, ASGN Inc (ASGN) reported revenue of $1.03 billion, down 8.5% over the same period last year. EPS came in at $1.36, compared to $1.59 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $1.05 billion, representing a surprise of -1.17%. The company delivered an EPS surprise of +2.26%, with the consensus EPS estimate being $1.33.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they c ...

ASGN Inc (ASGN) came out with quarterly earnings of $1.36 per share, beating the Zacks Consensus Estimate of $1.33 per share. This compares to earnings of $1.59 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of 2.26%. A quarter ago, it was expected that this staffing company would post earnings of $1.16 per share when it actually produced earnings of $1.16, delivering no surprise.Over the last four quarters, the company has surp ...

Financial Performance - Revenues for Q2 2024 were $1.035 billion, a decrease of 8.5% compared to Q2 2023[5] - Net income was $47.2 million, or $1.02 per diluted share, down from $60.1 million, or $1.22 per diluted share in Q2 2023[7] - Adjusted EBITDA was $117.1 million, representing an adjusted EBITDA margin of 11.3%, compared to 12.0% in Q2 2023[7] - Commercial Segment revenues were $725.7 million, down 10.6% year-over-year, while Federal Government Segment revenues were $309.0 million, down 3.3% year-over-year[5] - Revenues for the three months ended June 30, 2024, were $1,034.7 million, a decrease of 8.5% compared to $1,130.9 million for the same period in 2023[18] - Operating income for the three months ended June 30, 2024, was $80.4 million, a decline of 18.0% from $97.9 million in the same quarter of 2023[18] - Net income for the three months ended June 30, 2024, was $47.2 million, down 21.8% from $60.1 million in the prior year[18] - Basic earnings per share for the three months ended June 30, 2024, were $1.03, compared to $1.23 for the same period in 2023, reflecting a decrease of 16.3%[18] Cash Flow and Assets - Cash provided by operating activities for the six months ended June 30, 2024, was $164.0 million, down from $193.0 million in the same period of 2023[19] - Free cash flow for the six months ended June 30, 2024, was $147.9 million, compared to $170.1 million for the same period in 2023[20] - Total assets as of June 30, 2024, were $3,450.8 million, a decrease from $3,544.6 million as of December 31, 2023[21] - Long-term debt as of June 30, 2024, was $1,035.4 million, slightly down from $1,036.6 million at the end of 2023[21] Future Projections - For Q3 2024, the company estimates revenues between $1.024 billion and $1.044 billion[11] - Adjusted EBITDA for Q3 2024 is estimated to be between $114.0 million and $119.0 million, with an adjusted EBITDA margin of 11.1% to 11.4%[11] - The company expects adjusted EBITDA for the third quarter of 2024 to be between $114.0 million and $119.0 million[26] Operational Metrics - IT consulting revenues accounted for 57.1% of total revenues, up from 53.1% a year ago[2] - Gross margin for Q2 2024 was 29.1%, an increase of 20 basis points from Q2 2023[6] - Selling, general, and administrative expenses were $205.6 million, down from $210.5 million in Q2 2023[7] - Gross profit for the three months ended June 30, 2024, was $301.1 million, representing a gross margin of 29.1%, down from $326.3 million and a margin of 28.8% in the prior year[18] Financial Definitions - EBITDA, Adjusted EBITDA, and Adjusted EBITDA margin are used to measure the Company's operating results by excluding non-operating and certain non-cash expenses[29] - Adjusted Net Income focuses on the Company's core business performance by removing non-operating and certain non-cash expenses, adjusted for cash flows related to amortization of intangible assets[29] - Free Cash Flow indicates the cash generated by the business available for strategic opportunities, calculated as detailed in the accompanying tables[30] - Commercial consulting bookings represent the value of new contracts entered into during a specified period, with a book-to-bill ratio indicating the ratio of bookings to revenues[30] - Federal Government Segment new contract awards estimate future revenues from contracts awarded, with a book-to-bill ratio for this segment as well[30] - Revenues calculated on a Same Billable Days basis provide comparable information by adjusting for differences in the number of billable days year-over-year[31] Shareholder Actions - The company repurchased approximately 1.1 million shares for $108.0 million at an average price of $95.37 per share[8]

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