Quick Facts
FONT-SIZE Plus   Neg
Share SHARE

Huron Consulting Group Q1 Profit Falls - Quick Facts

RELATED NEWS
Trade HURN now with 

Huron Consulting Group (HURN: Quote) reported first-quarter net income of $0.9 million or $0.04 per share, falling from $4.1 million or $0.19 per share last year.

Net income from continuing operations was $0.6 million or $0.03 per share, compared to $3.5 million or $0.16 per share in the prior year quarter.

Excluding items, adjusted earnings from continuing operations was $3.0 million or $0.13 per share, compared to $6.2 million or $0.29 per share a year ago.

On average, 7 analysts polled by Thomson Reuters expected earnings of $0.35 per share for the quarter. Analysts' estimates typically exclude special items.

Total revenues for the quarter rose to $152.4 million from $148.5 million a year ago.

Looking ahead, the company affirmed its guidance for the full year 2012 wherein it expects earnings per share in the range of $1.80 to $2.05 and non-GAAP earnings in the range of $2.25 to $2.50 per share.

The company also affirmed its expectation of revenue before reimbursable expenses to be in the range of $620.0 million to $660.0 million.

Analysts currently expect earnings of $2.18 per share and revenues of $655.44 million for the full year 2012 .

Click here to receive FREE breaking news email alerts for Huron Consulting Group Inc. and others in your portfolio

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Editors Pick
After moving modestly higher in morning trading, stocks showed a substantial move to the downside over the course of the trading day on Wednesday. The major averages pulled back well off their highs for the session, sliding firmly into negative territory. Ebola "czar" Ron Kain is scheduled to meet with President Barack Obama on Wednesday as he begins his efforts to coordinate the government's response to the deadly disease. Klain, who previously served as chief of staff to Vice President Joe Biden and then-Vice President Al Gore, was named as Ebola Response Coordinator last Friday. Potentially complicating the outlook for control of the Senate, the results of a SurveyUSA poll conducted for WXIA-TV in Atlanta suggest that the Georgia Senate race between Republican David Perdue and Democrat Michelle Nunn could be headed for a runoff.
comments powered by Disqus
FREE Newsletters, Analysis & Alerts

 

Stay informed with our FREE daily Newsletters and real-time breaking News Alerts. Sign up to receive the latest information on business news, health, technology, biotech, market analysis, currency trading and more.