NYSE$EFOR
ASGN Incorporated · Q2 2022 earnings
Q2 2022 earnings · · Investor relations
Briefing
Financial results exceeded previously-announced guidance estimates.
ASGN Incorporated reported strong second quarter results with revenues of $1.1 billion, up 17.1 percent year-over-year, and income from continuing operations of $72.6 million, up 26.7 percent year-over-year. The company also entered into an agreement to acquire GlideFast Consulting for $350.0 million in cash.
- Revenues were $1.1 billion, up 17.1 percent over the second quarter of 2021
- Income from continuing operations was $72.6 million, up 26.7 percent over the second quarter of 2021
- Adjusted EBITDA from continuing operations was $144.0 million (12.6 percent of revenues), up from $119.3 million in the second quarter of 2021
- Spent $91.2 million to repurchase 911,700 shares of the Company's common stock
Headline financials
Revenue & EPS history
ASGN · Revenue · Quarterly
$1.14B
Revenue by segment
ASGN · $628M total across 1 segment · Q2 2022
- Assignment Revenue$628M+10.6%100.0%
Forward guidance
The Company's financial estimates for the third quarter of 2022 are based on current operating trends and assume no significant deterioration in the markets ASGN serves. These estimates do not include any acquisition, integration or strategic planning expenses.
Tailwinds
- Revenues between $1,183.0 million and $1,203.0 million
- Net income between $70.5 million and $74.1 million
- Earnings per share - Diluted: $1.39 and $1.46
- Adjusted EBITDA between $145.0 million and $150.0 million
- Adjusted Net Income between $88.1 million and $91.7 million
Historical earnings impact
How earnings announcements have historically affected this stock's price.
Avg. return before/after earnings
Based on 20 quarterly earnings reports · overlaid with Q2 2022
-1.3%
Avg return
Earnings day
-1.9%
Avg return
5 days after
-1.9%
Avg return
30 days after
47%
31 / 66 earnings
Positive
+11.3%
Q2 2025
Best reaction
-52.2%
Q1 2026
Worst reaction
| Quarter | Report date | Reaction (Day 0) | +5 days | +30 days |
|---|---|---|---|---|
| Q1 2026 | -52.2% | -45.3% | -51.9% | |
| Q4 2025 | -0.4% | -7.4% | -19.5% | |
| Q3 2025 | -7.9% | -6.1% | -11.0% | |
| Q2 2025 | +11.3% | +7.0% | +8.2% | |
| Q1 2025 | -11.6% | -13.1% | -8.5% | |
| Q4 2024 | -5.9% | -9.6% | -18.9% | |
| Q3 2024 | +1.3% | +1.4% | -3.7% | |
| Q2 2024 | +3.3% | +3.3% | +5.5% | |
| Q1 2024 | -2.0% | -2.1% | -5.4% | |
| Q4 2023 | +1.0% | +2.7% | +9.1% | |
| Q3 2023 | +5.5% | +4.7% | +17.0% | |
| Q2 2023 | -3.2% | -6.1% | -0.6% | |
| Q1 2023 | -5.2% | -2.9% | -10.0% | |
| Q4 2022 | -7.5% | -3.8% | -13.4% | |
| Q3 2022 | -11.2% | -11.1% | -5.6% | |
| Q2 2022 | +7.0% | +9.7% | +4.4% | |
| Q1 2022 | +3.0% | -0.4% | -15.8% | |
| Q4 2021 | -3.4% | -5.5% | -8.8% | |
| Q3 2021 | +0.9% | +4.1% | +4.5% | |
| Q2 2021 | +4.2% | +3.6% | +16.6% | |
| Q1 2021 | -2.5% | -2.6% | -4.0% | |
| Q4 2020 | +0.2% | +0.0% | +7.1% | |
| Q3 2020 | -2.6% | +0.3% | +16.4% | |
| Q2 2020 | +5.9% | +3.2% | +9.6% | |
| Q1 2020 | +10.5% | +9.0% | +28.3% | |
| Q4 2019 | -5.1% | -7.6% | -39.9% | |
| Q3 2019 | +3.8% | +6.6% | +6.5% | |
| Q2 2019 | +0.9% | +2.2% | -2.3% | |
| Q1 2019 | -7.4% | -6.2% | -20.5% | |
| Q4 2018 | -0.6% | +1.8% | -0.9% | |
| Q3 2018 | +4.8% | +3.5% | +6.9% | |
| Q2 2018 | +10.1% | +5.5% | +8.4% | |
| Q1 2018 | +0.7% | -1.6% | -4.5% | |
| Q4 2017 | +3.6% | -3.1% | +2.4% | |
| Q3 2017 | +5.6% | +4.6% | +11.7% | |
| Q2 2017 | -8.6% | -7.6% | -14.7% | |
| Q1 2017 | +9.1% | +4.4% | +6.7% | |
| Q4 2016 | +3.2% | +5.9% | +4.7% | |
| Q3 2016 | -8.8% | -6.3% | +16.7% | |
| Q2 2016 | -9.4% | -9.2% | -6.0% | |
| Q1 2016 | +0.2% | — | — | |
| Q4 2015 | +7.1% | — | — | |
| Q3 2015 | +9.8% | — | — | |
| Q2 2015 | +2.9% | — | — | |
| Q1 2015 | -13.2% | — | — | |
| Q4 2014 | +2.1% | — | — | |
| Q3 2014 | -4.7% | — | — | |
| Q2 2014 | -23.2% | — | — | |
| Q1 2014 | -2.2% | — | — | |
| Q4 2013 | +5.0% | — | — | |
| Q3 2013 | -5.3% | — | — | |
| Q2 2013 | +10.5% | — | — | |
| Q1 2013 | +6.9% | — | — | |
| Q4 2012 | -11.6% | — | — | |
| Q3 2012 | -2.5% | — | — | |
| Q2 2012 | +7.5% | — | — | |
| Q1 2011 | -0.8% | — | — | |
| Q1 2012 | +3.5% | — | — | |
| Q4 2011 | -1.2% | — | — | |
| Q4 2009 | -1.2% | — | — | |
| Q3 2010 | -2.5% | — | — | |
| Q3 2011 | -2.5% | — | — | |
| Q2 2011 | -3.4% | — | — | |
| Q2 2010 | -3.4% | — | — | |
| Q4 2010 | -3.4% | — | — | |
| Q1 2010 | -2.2% | — | — |
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