ASGN: Q2 Earnings Insights

Shares of ASGN ASGN fell 5.43% in after-market trading after the company reported Q2 results.

Quarterly Results

Earnings per share were down 0.85% year over year to $1.17, which beat the estimate of $0.87.

Revenue of $936,800,000 decreased by 3.65% year over year, which beat the estimate of $898,890,000.

Looking Ahead

Q3 EPS expected between $1.04 and $1.14.

Q3 revenue expected to be between $913,000,000 and $938,000,000.

Conference Call Details

Date: Jul 29, 2020

Time: 05:00 PM

ET Webcast URL: http://public.viavid.com/player/index.php?id=140185

Price Action

52-week high: $72.66

Company's 52-week low was at $29.04

Price action over last quarter: Up 29.58%

Company Overview

ASGN, formerly On Assignment, is a global provider of skilled professional staffing in the technology, life sciences, and creative fields across commercial and government sectors. Operating in three segments, the company offers contract, contract-to-hire, and direct-hire services. Through its Apex segment, which is the largest segment by revenue, ASGN offers staffing solutions to large corporations and midmarket clients in the U.S. and Canada. The Oxford segment focuses on providing specialized workers in specific skill areas and geographic markets. The Oxford segment offers both permanent and temporary placements. The ECS segment provides solutions in cloud, cybersecurity and artificial intelligence, primarily for the U.S. federal government.

Posted In: Earnings

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