GLEN ALLEN, Va. (AP) — GLEN ALLEN, Va. (AP) — ASGN Incorporated (ASGN) on Wednesday reported first-quarter net income of $38.1 million.
The Glen Allen, Virginia-based company said it had profit of 81 cents per share. Earnings, adjusted for amortization costs and costs related to mergers and acquisitions, came to $1.16 per share.
The results met Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of $1.16 per share.
The staffing company posted revenue of $1.05 billion in the period, beating Street forecasts. Three analysts surveyed by Zacks expected $1.04 billion.
ASGN Inc shares have increased 6% since the beginning of the year. In the final minutes of trading on Wednesday, shares hit $102.11, an increase of 32% in the last 12 months.
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This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on ASGN at https://www.zacks.com/ap/ASGN
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