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ASGN Incorporated (ASGN)
NYSE:ASGN
Earnings Data
Report Date
Jul 23, 2025TBA Not Confirmed
Period Ending
2025 (Q2)Consensus EPS Forecast
1.08Last Year’s EPS
1.36Same Quarter Last Year
Moderate Buy
Based on 5 Analysts Ratings
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Earnings Call Summary
Earnings Call Date:Apr 23, 2025
|% Change Since: -4.36%
|Next Earnings Date:Jul 23, 2025
Earnings Call Sentiment|Neutral
The earnings call highlighted several positive aspects, such as growth in IT consulting revenues, successful acquisition and integration of TopBloc, and strong bookings in the federal government segment. However, these positives were offset by declines in total revenues, impact from DOGE on federal revenues, and decreases in commercial segment revenues. The overall sentiment is balanced with both positive achievements and challenges.Company Guidance
During ASGN Incorporated's first quarter 2025 earnings call, the company provided guidance that reflected stability and resilience amidst macroeconomic uncertainty. The firm reported revenues of $968.3 million and an adjusted EBITDA margin of 9.7%, both aligning with their guidance expectations. The commercial segment's consulting business saw a 4.7% year-over-year growth, contributing to a book-to-bill ratio of 1.2 times for the quarter. The federal government segment had strong bookings, with new contract awards totaling $343.1 million, maintaining a book-to-bill ratio of 1.2 times. ASGN also noted its successful acquisition of TopBloc, expected to enhance its capabilities and market position. For the second quarter of 2025, the company projects revenues between $985 million and $1.015 billion, with an adjusted EBITDA margin between 10.3% and 10.6%. The guidance incorporates an anticipated impact from the Department of Defense's cost-cutting efforts and assumes no further market deterioration.Strong IT Consulting Revenue Growth
IT consulting revenues grew to approximately 61% of total revenues for the first quarter, up from 57% in the prior year period.
Successful Acquisition and Integration of TopBloc
The acquisition of TopBloc, a preferred Workday services partner, was successfully closed in March, with integration progressing well and already contributing to new consulting opportunities.
Commercial Segment Growth
Consulting business within the commercial segment improved 4.7% year over year, with consulting bookings increasing by 4.2% compared to the first quarter of 2024.
Federal Government Segment Bookings
Federal government segment had strong bookings with new contract awards totaling $343.1 million for the first quarter, leading to a book-to-bill ratio of 1.2 times.
Margin Improvement
Gross margin for the first quarter of 2025 was 28.4%, an increase of 20 basis points from the first quarter of last year.
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ASGN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
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ASGN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 23, 2025 | $58.55 | $51.76 | -11.60% |
Feb 05, 2025 | $87.88 | $82.73 | -5.86% |
Oct 23, 2024 | $93.04 | $93.87 | +0.89% |
Jul 24, 2024 | $101.83 | $92.77 | -8.90% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
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FAQ
When does ASGN Incorporated (ASGN) report earnings?
ASGN Incorporated (ASGN) is schdueled to report earning on Jul 23, 2025, TBA Not Confirmed.
What is ASGN Incorporated (ASGN) earnings time?
ASGN Incorporated (ASGN) earnings time is at Jul 23, 2025, TBA Not Confirmed.
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is ASGN EPS forecast?
ASGN EPS forecast for the fiscal quarter 2025 (Q2) is 1.08.
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