ASGN Incorporated (ASGN)
NYSE:ASGN
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Earnings Data
Report Date
Jul 29, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.82Last Year’s EPS
1.17Same Quarter Last Year
Based on 6 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Neutral
The call reflects a mixed but steady position: top-line revenue was stable and several strategic positives were highlighted (book-to-bill >1 in commercial, meaningful federal backlog, strategic acquisition of Quinox, key partner recognitions, and targeted leadership additions). However, these positives were offset in the near term by margin pressure (adjusted EBITDA margin miss and gross margin compression), one-time integration and tax impacts, softer free cash flow due to higher DSO, and leverage above target. Management provided constructive Q2 guidance and articulated initiatives to improve margins and integrate acquisitions, but near-term execution and timing of higher‑margin work remain watch items.Company Guidance
Stable Top-Line — Q1 Revenues In Line with Guidance
Total revenues of $968.3 million for Q1 2026, essentially flat year-over-year and within guidance, reflecting resilience in a cautious spending environment.
Commercial Revenue Growth
Commercial segment revenues of $675.5 million, up 0.5% year-over-year, driven by demand in AI & data, cloud & infrastructure, and application engineering and modernization.
Healthy Commercial Demand Signal — Book-to-Bill
Commercial consulting trailing 12-month book-to-bill of 1.1x, indicating sustained bookings momentum and demand for higher-value engagements.
Material Federal Backlog and Coverage
Federal contract backlog of approximately $2.8 billion at quarter end, representing a coverage ratio of ~2.4x the segment’s trailing 12-month revenues, providing multi-quarter revenue visibility.
Strategic Acquisition — Quinox Closed
Completed acquisition of Quinox for $290 million in March; management expects Quinox to contribute roughly $100 million of revenue on a full-year basis with low-20% EBITDA margin and low- to mid-teens growth, expanding application engineering and offshore delivery capabilities.
Partnerships and Industry Recognition
Commercial business gained strategic partner traction: Databricks Silver Tier Partner, Snowflake Cortex Code Preferred Partner, top-10 global partner for ServiceNow's EmployeeWorks, and continued collaboration with AWS — strengthening go-to-market and AI/data capabilities.
Notable Federal Wins & Capabilities
Strong federal performance in national security and cybersecurity: contributions from the CDM program (DHS), delivery of an ATO-accredited development environment for the U.S. Navy, and an AI application deployment for USPS to reduce undeliverable mail.
Share Repurchase and Capital Allocation Activity
Deployed $39 million to repurchase ~800k shares (avg price $47.69), with ~$934 million remaining under the $1 billion repurchase authorization — demonstrating continued shareholder-return activity alongside strategic investments.
Q2 Guidance Reflects Modest Improvement
Q2 2026 guidance: revenues $970M–$1.0B; adjusted EBITDA $85M–$95M; adjusted EBITDA margin 8.8%–9.5%, implying an expected improvement in margin profile vs Q1.
ASGN Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
ASGN Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
Apr 22, 2026 | $40.43 | $19.53 | -51.69% |
Feb 04, 2026 | $53.28 | $53.07 | -0.39% |
Oct 22, 2025 | $48.33 | $44.50 | -7.92% |
Jul 23, 2025 | $50.02 | $55.65 | +11.26% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does ASGN Incorporated (ASGN) report earnings?
ASGN Incorporated (ASGN) is schdueled to report earning on Jul 29, 2026, After Close (Confirmed).
What is ASGN Incorporated (ASGN) earnings time?
ASGN Incorporated (ASGN) earnings time is at Jul 29, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
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What companies are reporting earnings today?
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What is ASGN EPS forecast?
ASGN EPS forecast for the fiscal quarter 2026 (Q2) is 0.82.