26.07.2017 23:24:26

On Assignment Q2 Earnings Advance 14%

(RTTNews) - On Assignment (ASGN) released a profit for its second quarter that increased compared to the same period last year.

The company said its bottom line advanced to $41.51 million, or $0.78 per share. This was higher than $36.39 million, or $0.68 per share, in last year's second quarter.

Analysts had expected the company to earn $0.72 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 7.4% to $653.31 million. This was up from $608.09 million last year.

On Assignment earnings at a glance:

-Earnings (Q2): $41.51 Mln. vs. $36.39 Mln. last year. -Earnings Growth (Y-o-Y): 14.1% -EPS (Q2): $0.78 vs. $0.68 last year. -EPS Growth (Y-o-Y): 14.7% -Analysts Estimate: $0.72 -Revenue (Q2): $653.31 Mln vs. $608.09 Mln last year. -Revenue Change (Y-o-Y): 7.4%

-Guidance: Next quarter EPS guidance: $0.73 - $0.76 Next quarter revenue guidance: $660.0 - $670.0 Mln

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