ASGN (NYSE:ASGN) First Quarter 2025 Results
Key Financial Results
- Revenue: US$968.3m (down 7.7% from 1Q 2024).
- Net income: US$20.9m (down 45% from 1Q 2024).
- Profit margin: 2.2% (down from 3.6% in 1Q 2024). The decrease in margin was driven by lower revenue.
- EPS: US$0.48 (down from US$0.82 in 1Q 2024).
All figures shown in the chart above are for the trailing 12 month (TTM) period
ASGN EPS Misses Expectations
Revenue was in line with analyst estimates. Earnings per share (EPS) missed analyst estimates by 26%.
Looking ahead, revenue is forecast to grow 3.5% p.a. on average during the next 3 years, compared to a 9.3% growth forecast for the IT industry in the US.
Performance of the American IT industry.
The company's shares are down 11% from a week ago.
Balance Sheet Analysis
Just as investors must consider earnings, it is also important to take into account the strength of a company's balance sheet. See our latest analysis on ASGN's balance sheet health.
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