On Assignment Reports 10% Gain In Q3 Earnings

(RTTNews) - On Assignment (ASGN) reported earnings for its third quarter that increased from last year.

The company said its bottom line climbed to $44.12 million, or $0.83 per share. This was up from $40.03 million, or $0.74 per share, in last year's third quarter.

Analysts had expected the company to earn $0.75 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 6.0% to $667.05 million. This was up from $629.40 million last year.

On Assignment earnings at a glance:

-Earnings (Q3): $44.12 Mln. vs. $40.03 Mln. last year. -Earnings Growth (Y-o-Y): 10.2% -EPS (Q3): $0.83 vs. $0.74 last year. -EPS Growth (Y-o-Y): 12.2% -Analysts Estimate: $0.75 -Revenue (Q3): $667.05 Mln vs. $629.40 Mln last year. -Revenue Change (Y-o-Y): 6.0%

-Guidance: Next quarter EPS guidance: $0.74 - $0.77 Next quarter revenue guidance: $658.0 - $668.0 Mln