On Assignment Q3 adjusted earnings Beat Estimates

(RTTNews) - On Assignment (ASGN) reported a profit for its third quarter that climbed from last year.

The company's earnings totaled $212.0 million, or $3.97 per share. This compares with $52.3 million, or $0.99 per share, in last year's third quarter.

Excluding items, On Assignment reported adjusted earnings of $84.6 million or $1.58 per share for the period.

Analysts had expected the company to earn $1.47 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 18.3% to $1.07 billion from $904.4 million last year.

On Assignment earnings at a glance:

-Earnings (Q3): $84.6 Mln. vs. $61.1 Mln. last year. -EPS (Q3): $1.58 vs. $1.15 last year. -Analysts Estimate: $1.47 -Revenue (Q3): $1.07 Bln vs. $904.4 Mln last year.

-Guidance: Next quarter EPS guidance: $1.29-$1.36 Next quarter revenue guidance: $1.01 bln-$1.03 bln