logo
Share SHARE
FONT-SIZE Plus   Neg

Huron Consulting Group Q1 Profit Falls - Quick Facts

Huron Consulting Group (HURN) 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 .

by RTT Staff Writer

For comments and feedback: editorial@rttnews.com

Business News

Quick Facts

Editors Pick
Packaged food producer ConAgra Brands Inc. reported Thursday higher net profit in its fourth quarter with margin strength. Net sales, meanwhile, declined from last year on weak volume. Looking ahead, for fiscal 2018, the company projects higher adjusted earnings and lower to flat sales. The company also reiterated its three-year fiscal 2020 financial algorithm. Best Buy announced Wednesday its plans to introduce Amazon Alexa and Google Home experiences to its 700 locations across the U.S. starting next month as part of its strategy of pushing smart home technology. A nationwide rollout will be complete by the end of the year. The electronics retailer will expand space at selected stores to better showcase how Amazon's Echo and Google Home interact.. So far this year, 23 novel drugs have already received FDA approval. Now let's take a look at the biotech stocks waiting to hear from the FDA in July.
comments powered by Disqus
Follow RTT