ASGN: Q4 Earnings Insights
Portfolio Pulse from Benzinga Insights
ASGN (NYSE:ASGN) reported Q4 earnings with an EPS of $1.45, beating estimates by 5.84% but with a revenue decrease of $76 million from the previous year. The company has a history of surpassing EPS estimates, which previously led to a share price increase.
February 07, 2024 | 9:15 pm
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ASGN reported higher than expected Q4 earnings with an EPS of $1.45, surpassing estimates by 5.84%, but saw a revenue decline from the previous year.
ASGN's beat on EPS estimates is likely to be viewed positively by investors, given the company's history of share price increases following earnings beats. However, the revenue decline could temper some of the enthusiasm, making the overall short-term impact likely positive but with caution due to revenue concerns.
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