ASGN Inc. (ASGN) reported a profit for first quarter that decreased from last year but beat the Street estimates.
The company's earnings totaled $38.1 million, or $0.81 per share. This compares with $49.5 million, or $0.99 per share, in last year's first quarter.
Excluding items, ASGN Inc. reported adjusted earnings of $54.6 million or $1.16 per share for the period.
Analysts on average had expected the company to earn $1.11 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.
The company's revenue for the quarter fell 7.1% to $1.05 billion from $1.13 billion last year.
ASGN Inc. earnings at a glance (GAAP) :
-Earnings (Q1): $38.1 Mln. vs. $49.5 Mln. last year.
-EPS (Q1): $0.81 vs. $0.99 last year.
-Revenue (Q1): $1.05 Bln vs. $1.13 Bln last year.
-Guidance:
Next quarter EPS guidance: $0.97 - $1.04
Next quarter revenue guidance: $1.03 - $1.05 bln
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