ASGN Incorporated Reports Earnings Beat for Q4
Glen Allen, Va. - ASGN Incorporated (ASGN) reported a fourth-quarter profit of $42.4 million. Earnings per share were 95 cents, while adjusted earnings came in at $1.28 per share.
Analysts had projected $1.23 per share. Revenue reached $985 million, falling short of the $1 billion estimate.
For the full year, ASGN posted profit of $175.2 million ($3.83 per share) on revenue of $4.1 billion.
In Q1 FY23, ASGN expects earnings between 91-97 cents per share and revenue of $950-$970 million.
Since the year's start, ASGN shares have risen over 5%. However, shares dropped 6% in the past 12 months to $87.88 in pre-market trading on Wednesday.