Earnings Preview: ASGN Inc (ASGN) Q4 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in earnings and revenues for ASGN Inc when it reports results for the quarter ended December 2024, with actual results being crucial for stock price movement [1][2]. Earnings Expectations - ASGN Inc is expected to report quarterly earnings of $1.23 per share, reflecting a year-over-year decrease of 15.2$1 billion, down 6.8% from the previous year [3]. - The consensus EPS estimate has been revised down by 0.87% over the last 30 days, indicating a reassessment by analysts [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that the Most Accurate Estimate for ASGN Inc is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +1.90% [10][11]. - Despite the positive Earnings ESP, ASGN Inc holds a Zacks Rank of 4, complicating predictions of an earnings beat [11]. Historical Performance - In the last reported quarter, ASGN Inc exceeded the expected earnings of $1.35 per share, achieving actual earnings of$1.43, which was a surprise of +5.93% [12]. - Over the past four quarters, ASGN Inc has beaten consensus EPS estimates three times [13]. Industry Comparison - DXC Technology, another player in the IT Services industry, is expected to report earnings of $0.77 per share, indicating a year-over-year decline of 11.5$3.25 billion, down 4.3% [17]. - DXC Technology's consensus EPS estimate has remained unchanged, but a lower Most Accurate Estimate results in an Earnings ESP of -1.66%, making it difficult to predict an earnings beat [18].