Compared to Estimates, ASGN Inc (ASGN) Q4 Earnings: A Look at Key Metrics

Core Insights - ASGN Inc reported $1.07 billion in revenue for the quarter ended December 2023, reflecting a year-over-year decline of 6.6% [1] - The EPS for the same period was $1.45, down from $1.51 a year ago [1] - The revenue exceeded the Zacks Consensus Estimate of $1.05 billion by 2.08%, while the EPS surpassed the consensus estimate of $1.37 by 5.84% [1] Revenue Breakdown - Federal Government revenues were $325.50 million, exceeding the three-analyst average estimate of $317.04 million, with a year-over-year increase of 9.2% [2] - Commercial revenues totaled $748.60 million, surpassing the three-analyst average estimate of $735.15 million, but showing a year-over-year decline of 12.2% [2] - Within Commercial revenues, Consulting generated $268.50 million, slightly above the average estimate of $266.83 million [2] - Commercial Assignment revenues were $480.10 million, compared to the average estimate of $473.30 million [2] Stock Performance - ASGN Inc shares have returned +6.8% over the past month, outperforming the Zacks S&P 500 composite's +5.6% change [2] - The stock currently holds a Zacks Rank 2 (Buy), indicating potential for outperformance in the near term [2]