Brokerages predict that Huron Consulting Group Inc. (NASDAQ:HURN) will announce sales of $180.54 million for the current fiscal quarter, according to Zacks. Three analysts have made estimates for Huron Consulting Group’s earnings, with estimates ranging from $176.29 million to $184.03 million. Huron Consulting Group posted sales of $202.49 million during the same quarter last year, which suggests a negative year-over-year growth rate of 10.8%. The firm is expected to report its next quarterly earnings results after the market closes on Wednesday, November 1st.

According to Zacks, analysts expect that Huron Consulting Group will report full-year sales of $180.54 million for the current financial year, with estimates ranging from $730.11 million to $735.40 million. For the next year, analysts anticipate that the business will post sales of $749.29 million per share, with estimates ranging from $718.04 million to $767.00 million. Zacks Investment Research’s sales averages are a mean average based on a survey of research firms that that provide coverage for Huron Consulting Group.

Huron Consulting Group (NASDAQ:HURN) last announced its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the consensus estimate of $0.67 by ($0.18). Huron Consulting Group had a positive return on equity of 8.83% and a negative net margin of 15.94%. The business had revenue of $181.40 million during the quarter, compared to the consensus estimate of $191.83 million. During the same quarter in the prior year, the firm posted $1.09 EPS. The company’s revenue for the quarter was down 1.6% on a year-over-year basis.

Several research firms have recently commented on HURN. SunTrust Banks, Inc. reiterated a “buy” rating and set a $48.00 price target on shares of Huron Consulting Group in a report on Friday. Zacks Investment Research upgraded Huron Consulting Group from a “strong sell” rating to a “hold” rating in a report on Monday, October 16th. TheStreet lowered Huron Consulting Group from a “c” rating to a “d+” rating in a report on Monday, July 31st. Finally, William Blair upgraded Huron Consulting Group from a “market perform” rating to an “outperform” rating in a report on Friday, September 8th. Four analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. Huron Consulting Group presently has a consensus rating of “Hold” and an average price target of $48.00.

Hedge funds and other institutional investors have recently bought and sold shares of the company. American Century Companies Inc. purchased a new position in shares of Huron Consulting Group during the 2nd quarter worth $13,881,000. PNC Financial Services Group Inc. raised its holdings in shares of Huron Consulting Group by 121.3% during the 1st quarter. PNC Financial Services Group Inc. now owns 6,742 shares of the business services provider’s stock worth $284,000 after acquiring an additional 3,696 shares during the period. Goldman Sachs Group Inc. raised its holdings in shares of Huron Consulting Group by 6.8% during the 1st quarter. Goldman Sachs Group Inc. now owns 109,035 shares of the business services provider’s stock worth $4,590,000 after acquiring an additional 6,926 shares during the period. Schwab Charles Investment Management Inc. raised its holdings in shares of Huron Consulting Group by 14.0% during the 2nd quarter. Schwab Charles Investment Management Inc. now owns 135,214 shares of the business services provider’s stock worth $5,842,000 after acquiring an additional 16,636 shares during the period. Finally, Teachers Advisors LLC increased its position in shares of Huron Consulting Group by 3.1% during the 1st quarter. Teachers Advisors LLC now owns 36,476 shares of the business services provider’s stock worth $1,536,000 after purchasing an additional 1,082 shares during the last quarter. Institutional investors and hedge funds own 88.47% of the company’s stock.

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Huron Consulting Group (NASDAQ:HURN) traded down 0.55% on Tuesday, reaching $35.90. 29,145 shares of the company’s stock were exchanged. The firm has a 50 day moving average price of $34.34 and a 200 day moving average price of $38.70. The firm’s market cap is $771.56 million. Huron Consulting Group has a one year low of $29.52 and a one year high of $57.60.

Huron Consulting Group Company Profile

Huron Consulting Group Inc is a global professional services firm. The Company offers solutions in operations, advisory services, technology and analytics for healthcare, higher education, life sciences and commercial sectors. The Company’s segments include Healthcare, Education and Life Sciences, and Business Advisory.

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Earnings History and Estimates for Huron Consulting Group (NASDAQ:HURN)

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