ASGN Q3 2024 Adj EPS $1.43 Beats $1.36 Estimate, Sales $1.03B Inline
Portfolio Pulse from Benzinga Newsdesk
ASGN reported Q3 2024 earnings per share of $1.43, surpassing the analyst estimate of $1.36. Sales were $1.03 billion, matching expectations but reflecting a 7.7% decline from the previous year.
October 23, 2024 | 8:11 pm
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POSITIVE IMPACT
ASGN's Q3 2024 earnings per share exceeded expectations, but sales were in line with forecasts and showed a year-over-year decline.
ASGN's earnings per share beat expectations, which is a positive indicator for the stock price. However, the decline in sales compared to the previous year may temper investor enthusiasm. Overall, the positive EPS surprise is likely to have a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100