The earnings call presented a mixed outlook. While there was strong growth in IT consulting and commercial consulting bookings, along with significant free cash flow and strategic investments in AI, there were challenges such as a year-over-year revenue decline, decreased assignment revenues, and slowness in federal contract awards. The sentiment reflects both positive growth areas and ongoing challenges.

Company Guidance -

Q3 2025

During the ASGN Incorporated Second Quarter 2025 Earnings Call, the company provided guidance for the third quarter of 2025. ASGN projected revenues to be between $992 million and $1.012 billion, with net income ranging from $35.8 million to $39.4 million. Adjusted EBITDA was estimated to be between $108.5 million and $113.5 million, resulting in an adjusted EBITDA margin of 10.9% to 11.2%. The guidance assumed 63.5 billable days for the third quarter, consistent with the year-ago period, and did not account for any acquisition, integration, or strategic planning expenses. The company also discussed that the impact of DOGE was expected to remain less than 2% of total revenues in the third quarter, consistent with previous expectations.

Strong IT Consulting Revenue Growth

IT consulting revenues grew to approximately 63% of total revenues for the second quarter, up from 57% in the year-ago period, driven by demand for cloud and data solutions.

Commercial Consulting Bookings Increase

Commercial consulting bookings for the quarter totaled $417.5 million, translating to a book-to-bill of 1.2x on a trailing 12-month basis.

Federal Business Growth Potential

New federal contract backlog was over $2.9 billion at quarter end, or a coverage ratio of 2.4x the Federal segment's trailing 12-month revenues, positioning well for future growth with recent U.S. defense spending increases.

Significant Free Cash Flow

Free cash flow was $115.8 million for the second quarter, a conversion rate of approximately 107% of adjusted EBITDA.

AI Innovation Center Launch

ASGN launched the AI Innovation Center to enhance innovation and optimize AI-driven business growth for clients.

ASGN (ASGN) Earnings, Revenues Date & History

The upcoming earnings date is based on a company’s previous reporting, and may be updated when the actual date is announced

Daily Earnings Calendar >

ASGN Earnings History

Report Date	Fiscal Quarter	Forecast / EPS	Last Year's EPS	EPS YoY Change	Slides	Play Transcript
Oct 22, 2025	2025 (Q3)	1.22 / -	1.43	―	―	―
Jul 23, 2025	2025 (Q2)	1.08 / 1.17	1.36	-13.97% (-0.19)
Apr 23, 2025	2025 (Q1)	0.95 / 0.92	1.16	-20.69% (-0.24)
Feb 05, 2025	2024 (Q4)	1.21 / 1.28	1.45	-11.72% (-0.17)
Oct 23, 2024	2024 (Q3)	1.35 / 1.43	1.68	-14.88% (-0.25)
Jul 24, 2024	2024 (Q2)	1.33 / 1.36	1.59	-14.47% (-0.23)
Apr 24, 2024	2024 (Q1)	1.14 / 1.16	1.38	-15.94% (-0.22)
Feb 07, 2024	2023 (Q4)	1.36 / 1.45	1.51	-3.97% (-0.06)
Oct 25, 2023	2023 (Q3)	1.56 / 1.68	1.79	-6.15% (-0.11)
Jul 26, 2023	2023 (Q2)	1.49 / 1.59	1.71	-7.02% (-0.12)

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
Jul 23, 2025	$50.02	$55.65	+11.26%
Apr 23, 2025	$58.55	$51.76	-11.60%
Feb 05, 2025	$87.88	$82.73	-5.86%
Oct 23, 2024	$93.04	$93.87	+0.89%

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 Oct 22, 2025, After Close (Confirmed).

What is ASGN Incorporated (ASGN) earnings time?

ASGN Incorporated (ASGN) earnings time is at Oct 22, 2025, After Close (Confirmed).

Where can I see when companies are reporting earnings?

You can see which companies are reporting today on our designated earnings calendar.

What companies are reporting earnings today?

You can see a list of the companies which are reporting today on TipRanks earnings calendar.

What is ASGN EPS forecast?

ASGN EPS forecast for the fiscal quarter 2025 (Q3) is 1.22.

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