Q4 guidance midpoint of $980M revenue is slightly below the $1.01B consensus, while adjusted EPS midpoint of $1.03 is in line. The sequential decline in billable days (61 vs 64 in Q3) is a known seasonal headwind. Monitor the Q4 call for commentary on gross margin trajectory and federal segment bookings conversion.
Price Chart
Executive Summary
Everforth reported Q3 2026 revenue of $1.0314B and adjusted EPS of $1.11, both above consensus estimates of $1.01B and $1.04. Revenue grew 2.0% YoY, but GAAP net income declined to $23.1M from $38.1M a year ago due to higher interest and SGA costs. Q4 guidance for revenue of $965M-$995M and adjusted EPS of $0.95-$1.11 brackets the Street estimate, with the midpoint slightly below consensus.
Key Financial Metrics
Key Facts
- Q3 2026 revenue $1.0314B, up from $1.0114B YoY (2.0% growth)
- GAAP diluted EPS $0.56 vs $0.87 YoY; adjusted diluted EPS $1.11 vs $1.31 YoY
- Adjusted EBITDA $106.3M (10.3% margin) vs $112.6M (11.1% margin) YoY
- Q4 2026 guidance: revenue $965M-$995M, adjusted EPS $0.95-$1.11
- Debt reduced by $52.8M during the quarter; no share repurchases
- Commercial segment book-to-bill 1.1x TTM; Federal segment new awards $1.0B TTM
Financial Impact
Revenue beat consensus by ~2.1%; adjusted EPS beat by ~6.7%; GAAP net income down 39% YoY
Segment Breakdown
| Segment | Revenue | Growth |
|---|---|---|
| Commercial | $719.9M | +1.2% |
| Federal Government | $311.5M | +3.8% |
Risk Factors
- Gross margin compression of 110 bps YoY to 28.3% due to mix shift toward lower-margin cloud/infrastructure services
- GAAP net income decline driven by higher interest expense ($20.2M vs $17.4M) and elevated SGA costs
- Federal segment book-to-bill of 0.9x TTM suggests potential revenue headwinds if awards do not convert
Market Snapshot
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0000890564-26-000054 |
| Document: asgn-20261028.htm | 0000890564-26-000054 |
| Document: 0000890564-26-000054-index-headers.html | 0000890564-26-000054 |
| Document: 0000890564-26-000054-index.html | 0000890564-26-000054 |
| Document: 0000890564-26-000054.txt | 0000890564-26-000054 |
| 8-K Data (Synthetic) | 0000890564-26-000054 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 30, 2026 today | SC 13G/A | $38.26 | awaiting T+1 | awaiting T+1 | $38.18 (−0.21%) |
Oct 28, 2026 2d ago | 8-K | $37.01 $38.18 | ▲ +3.16% | ▲ +4.93% | $38.18 (+3.16%) |
Jul 22, 2026 14w ago | Institutional Cluster | $19.64 $20.60 | ▲ +4.89% | ▲ +4.79% | $38.18 (+94.40%) |
Jul 9, 2026 16w ago | 8-K | $17.54 $18.28 | ▲ +4.22% | ▲ +4.98% | $38.18 (+117.67%) |
Apr 24, 2026 27w ago | Insider Cluster | $22.12 $22.80 | ▲ +3.07% | ▲ +3.08% | $38.18 (+72.60%) |
Apr 24, 2026 27w ago | Insider Cluster | $22.12 $22.80 | ▲ +3.07% | ▲ +3.08% | $38.18 (+72.60%) |
Apr 24, 2026 27w ago | Insider Cluster | $22.12 $22.80 | ▲ +3.07% | ▲ +3.08% | $38.18 (+72.60%) |
Apr 24, 2026 27w ago | Insider Cluster | $22.12 $22.80 | ▲ +3.07% | ▲ +3.08% | $38.18 (+72.60%) |
Apr 24, 2026 27w ago | Insider Cluster | $20.99 $20.99 | · 0.00% | ▲ +0.49% | $38.18 (+81.90%) |
US Market Status
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