Huron Consulting Group (HURN) Posts Quarterly Earnings, Beats Estimates By $0.18 EPS
Huron Consulting Group (NASDAQ:HURN) posted its quarterly earnings results on Tuesday. The company reported $0.95 EPS for the quarter, beating the Thomson Reuters consensus estimate of $0.77 by $0.18, American Banking and Market News reports. The company had revenue of $209.40 million for the quarter, compared to the consensus estimate of $193.60 million. During the same quarter in the prior year, the company posted $0.75 earnings per share. The company’s quarterly revenue was up 22.9% on a year-over-year basis. Huron Consulting Group updated its FY14 guidance to $3.25-3.40 EPS.
A number of analysts have recently weighed in on HURN shares. Analysts at Zacks upgraded shares of Huron Consulting Group from a “neutral” rating to an “outperform” rating in a research note on Tuesday, June 24th. They now have a $74.20 price target on the stock. On a related note, analysts at Deutsche Bank reiterated a “buy” rating on shares of Huron Consulting Group in a research note on Wednesday, April 30th. They now have a $73.00 price target on the stock, up previously from $70.00. Finally, analysts at Stifel Nicolaus raised their price target on shares of Huron Consulting Group from $74.00 to $75.00 in a research note on Wednesday, April 30th. They now have a “buy” rating on the stock.
Huron Consulting Group (NASDAQ:HURN) traded up 2.00% on Tuesday, hitting $65.91. The stock had a trading volume of 252,528 shares. Huron Consulting Group has a 52-week low of $46.80 and a 52-week high of $72.66. The stock has a 50-day moving average of $68.09 and a 200-day moving average of $65.91. The company has a market cap of $1.489 billion and a price-to-earnings ratio of 16.61.
Huron Consulting Group Inc (NASDAQ:HURN) is a provider of operational and financial consulting services.
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