Corporate Executive Board Co. (CEB) Wednesday reported first-quarter profit of $11.2 million or $0.33 per share, down from $15.6 million or $0.46 per share in the same period last year.
Adjusted earnings for the quarter was $22.7 million or $0.67 per share. On average, six analysts polled by Thomson Reuters expected the company to earn $0.64 per share for the quarter. Analysts' estimates typically exclude special items.
Revenues grew 48.1 percent to $190.3 million from $128.5 million last year. Analysts expected revenues of $192.20 million.
Looking ahead to the fiscal year 2013, the company continues to target earnings in the range of $2.85 to $3.15 per share. Revenues are expected to range between $812 million and $832 million, with adjusted revenues in the order of $825 million to $845 million.
Analysts currently expect the company to report full-year earnings of $3.01 per share on revenues of $824.90 million.
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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.