ASGN Stock Rises as 2Q Profit, Sales Beat Wall Street's Expectations

Dow Jones
2025/07/25
 

By Kelly Cloonan

 

Shares of ASGN climbed after the company's second-quarter profit and sales topped analyst expectations.

The stock rose 12% to $56.09 on Thursday, on pace for its largest percentage increase since 2020. Shares have declined 33% year to date.

The Glen Allen, Va., IT services-and-solutions provider late Wednesday said it logged a second-quarter profit of $29.3 million, or 67 cents a share, compared with $47.2 million, or $1.02 a share, a year earlier.

Adjusted earnings per share were $1.17, beating estimates of $1.08 a share according to analysts polled by FactSet.

Revenue fell to $1.02 billion compared with $1.03 billion a year earlier, coming in ahead of the $995.5 million analysts expected.

 

Write to Kelly Cloonan at kelly.cloonan@wsj.com

 

(END) Dow Jones Newswires

July 24, 2025 13:47 ET (17:47 GMT)

Copyright (c) 2025 Dow Jones & Company, Inc.

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