Navigant Consulting Inc's (NCI) net Income for first quarter 2013 was $13.8 million, compared to $11.6 million in the prior year first quarter, an increase of 18.5%.
Earnings per share were $0.27 for first quarter 2013, compared to $0.22 for the same quarter last year, an increase of 23%.
Adjusted earnings per share were $0.27 for the quarter, compared to $0.23 for first quarter last year, an increase of 17%.
GAAP earnings per share and Adjusted earnings per share were the same for first quarter 2013 because the $0.02 per share effect of the gain from the sale of a portion of the Economics practice was fully offset by the costs of office consolidation and severance.
Navigant reported first quarter 2013 revenues before reimbursements (RBR) of $187.3 million, as double-digit segment RBR growth from Healthcare, Energy and Financial, Risk & Compliance Advisory, offset a decrease from the Disputes, Investigations & Economics segment.
Analysts polled by Thomson Reuters expected the company to report earnings of $0.24 per share on revenues of $210.68 million. Analysts' estimates typically exclude special items.
Navigant reaffirmed its 2013 outlook. Full year 2013 revenues before reimbursements is expected to range between $740 and $800 million while total 2013 revenues are estimated to be between $820 and $880 million. Adjusted EBITDA is anticipated to range between $115 and $125 million, and Adjusted EPS is estimated to be between $0.95 and $1.10. Analysts expect the company to report revenues of $862.53 million for fiscal 2013.
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June 05, 2026 16:18 ET A busy week for economic news flow saw a slew of reports being released that reflected the trends in the U.S. labor market. In Europe, economic growth and inflation data gained attention as the European Central Bank and Bank of England head for policy session later in the month. In Asia, the monetary policy session of the Indian central bank was in focus as the country, a major oil importer, reels under the pressures of a weaker rupee and rising inflation.