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On Assignment Earnings Calls
| Release date | Apr 22, 2026 |
| EPS estimate | $0.98 |
| EPS actual | $0.690 |
| EPS Surprise | -29.59% |
| Revenue estimate | 972.812M |
| Revenue actual | 968.3M |
| Revenue Surprise | -0.464% |
| Release date | Feb 04, 2026 |
| EPS estimate | $1.18 |
| EPS actual | $1.15 |
| EPS Surprise | -2.54% |
| Revenue estimate | 973.321M |
| Revenue actual | 980.1M |
| Revenue Surprise | 0.697% |
| Release date | Oct 22, 2025 |
| EPS estimate | $1.22 |
| EPS actual | $1.31 |
| EPS Surprise | 7.38% |
| Revenue estimate | 971.21M |
| Revenue actual | 1.011B |
| Revenue Surprise | 4.14% |
| Release date | Jul 23, 2025 |
| EPS estimate | $1.08 |
| EPS actual | $1.17 |
| EPS Surprise | 8.33% |
| Revenue estimate | 999.308M |
| Revenue actual | 1.021B |
| Revenue Surprise | 2.13% |
Last 4 Quarters for On Assignment
Below you can see how ASGN performed 4 days prior and 4 days after releasing the earnings report. Also, you can see the pre-estimates and the actual earnings. This information can give you a slight idea of what you might expect for the next quarter's release.
| Release date | Jul 23, 2025 |
| Price on release | $50.02 |
| EPS estimate | $1.08 |
| EPS actual | $1.17 |
| EPS surprise | 8.33% |
| Date | Price |
|---|---|
| Jul 17, 2025 | $49.52 |
| Jul 18, 2025 | $48.41 |
| Jul 21, 2025 | $48.25 |
| Jul 22, 2025 | $49.73 |
| Jul 23, 2025 | $50.02 |
| Jul 24, 2025 | $55.65 |
| Jul 25, 2025 | $54.74 |
| Jul 28, 2025 | $54.28 |
| Jul 29, 2025 | $53.54 |
| 4 days before | 1.01% |
| 4 days after | 7.04% |
| On release day | 11.26% |
| Change in period | 8.12% |
| Release date | Oct 22, 2025 |
| Price on release | $48.33 |
| EPS estimate | $1.22 |
| EPS actual | $1.31 |
| EPS surprise | 7.38% |
| Date | Price |
|---|---|
| Oct 16, 2025 | $45.77 |
| Oct 17, 2025 | $46.08 |
| Oct 20, 2025 | $46.64 |
| Oct 21, 2025 | $48.02 |
| Oct 22, 2025 | $48.33 |
| Oct 23, 2025 | $44.50 |
| Oct 24, 2025 | $46.49 |
| Oct 27, 2025 | $46.17 |
| Oct 28, 2025 | $45.37 |
| 4 days before | 5.59% |
| 4 days after | -6.12% |
| On release day | -7.92% |
| Change in period | -0.87% |
| Release date | Feb 04, 2026 |
| Price on release | $53.28 |
| EPS estimate | $1.18 |
| EPS actual | $1.15 |
| EPS surprise | -2.54% |
| Date | Price |
|---|---|
| Jan 29, 2026 | $49.65 |
| Jan 30, 2026 | $52.09 |
| Feb 02, 2026 | $53.25 |
| Feb 03, 2026 | $50.77 |
| Feb 04, 2026 | $53.28 |
| Feb 05, 2026 | $53.07 |
| Feb 06, 2026 | $52.50 |
| Feb 09, 2026 | $50.06 |
| Feb 10, 2026 | $49.34 |
| 4 days before | 7.31% |
| 4 days after | -7.39% |
| On release day | -0.394% |
| Change in period | -0.624% |
| Release date | Apr 22, 2026 |
| Price on release | $40.43 |
| EPS estimate | $0.98 |
| EPS actual | $0.690 |
| EPS surprise | -29.59% |
| Date | Price |
|---|---|
| Apr 16, 2026 | $39.22 |
| Apr 17, 2026 | $39.44 |
| Apr 20, 2026 | $40.04 |
| Apr 21, 2026 | $40.55 |
| Apr 22, 2026 | $40.43 |
| Apr 23, 2026 | $19.53 |
| Apr 24, 2026 | $19.53 |
| Apr 27, 2026 | $20.96 |
| Apr 28, 2026 | $20.96 |
| 4 days before | 3.09% |
| 4 days after | -48.16% |
| On release day | -51.69% |
| Change in period | -46.56% |
On Assignment Earnings Call Transcript Summary of Q1 2026
Key points for investors:
- Rebrand and strategy: ASGN will begin operating as Everforth (ticker EFOR) to present a more integrated, industry-led go-to-market aligned with the company’s Next Wave Growth Strategy. Leadership changes were announced to support scaled, AI-enabled services.
- Q1 results: Revenues of $968.3M were in line with guidance and flat YoY. Commercial revenues rose modestly (+0.5% YoY) while Federal revenues declined slightly (-1.1% YoY). Commercial consulting trailing 12‑month book-to-bill was 1.1x; Federal new awards totaled $151.3M with backlog of ~$2.8B (coverage ~2.4x).
- Margin and profitability: Adjusted EBITDA was $83.6M and adjusted EBITDA margin was 8.6%, below expectations. Gross margin compression was largely mix-driven due to slower-than-expected ramp of higher-margin commercial solutions (enterprise software/consulting) plus greater-than-expected contribution from lower-margin cost-plus federal work and FX headwinds.
- M&A and inorganic progress: The company closed the Quinnox acquisition (approx. $290M), expected to add ~ $100M revenue for the year with low-20s% EBITDA margins and ramp benefits via offshore delivery/increased application modernization capability.
- Cash, capital allocation and leverage: Q1 free cash flow was $9.1M (seasonally softer; DSOs up). The company repurchased $39M of stock in the quarter and has ~$934M remaining under a $1B authorization. Cash on hand was $143.6M and revolver availability ~$160M. Net leverage was ~3.1x; management targets ~2.5x over time.
- Guidance and investments: Q2 revenue guidance $970M–$1.0B; adjusted EBITDA $85M–$95M (margin 8.8%–9.5%). Q2 includes $8M–$10M of strategic planning/integration expenses; management expects these to decline over the year while implementing targeted initiatives to generate structural cost savings.
- Demand trends and outlook: AI & data, cloud, application modernization, and cybersecurity remain primary demand drivers across industries and federal. Management describes the Q1 margin miss as temporary and tied to timing/mix and expects improving gross-margin contribution in Q2, with bookings and pipelines building in AI/data and cloud. Financial services (big banks) remains cautious; insurance and other verticals showing more green shoots.
