ASGN Inc. (ASGN) Reports In-Line Q1 EPS

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Go back to ASGN Inc. (ASGN) Reports In-Line Q1 EPS

ASGN falls following revenue miss, BofA double-downgrade

April 27, 2023 11:54 AM EDT

Shares of ASGN Inc. (NYSE: ASGN) tumbled more than 7% Thursday after BofA double-downgraded the stock to Underperform from Buy, cutting the price target to $66 from $109 per share. The company reported first-quarter earnings after the close on Wednesday.

It reported Q1 EPS of $1.38, in line with the analyst estimate of $1.38, while revenue for the quarter came in at $1.13 billion, below the... More