Overview

* ASGN ( ASGN ) Q3 revenue was $1.01 bln, sligthly beating analyst expectations

* Adjusted EPS for Q3 was $1.31, surpassing consensus estimates

* Company repurchased 0.9 mln shares for $46 mln, reflecting confidence in financial position

Outlook

* Company expects Q4 2025 revenue between $960 mln and $980 mln

* ASGN ( ASGN ) projects Q4 adjusted EBITDA to be $102 mln to $107 mln

* Company anticipates Q4 earnings per share between $0.75 and $0.83

Result Drivers

* IT CONSULTING GROWTH - IT consulting business grew to 63% of total revenues, up from 58% in the previous year

* AI INVESTMENT - Ongoing investment in AI highlights significant commitment to digital advancement

* COMMERCIAL SEGMENT - Commercial segment consulting revenues increased by 17.5% year-over-year

Key Details

Metric Beat/Mis Actual Consensu

s s

Estimate

Q3 Slight $1.01 $1 bln

Revenue beat* bln (7

Analysts

)

Q3 Beat $1.31 $1.22 (7

Adjusted Analysts

EPS )

Q3 Beat $57.30 $53.70

Adjusted mln mln (7

Net Analysts

Income )

Analyst Coverage

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy", 2 "hold" and 2 "sell" or "strong sell"

* The average consensus recommendation for the it services & consulting peer group is "buy."

* Wall Street's median 12-month price target for ASGN Inc ( ASGN ) is $54.00, about 11.1% above its October 21 closing price of $48.02

* The stock recently traded at 10 times the next 12-month earnings vs. a P/E of 11 three months ago

*Applies to a deviation of less than 1%; not applicable for per-share numbers.

Press Release:

For questions concerning the data in this report, contact [email protected]. For any other questions or feedback, contact .

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)