Huron Consulting Group Inc. (HURN) Set to Announce Earnings on Wednesday
Huron Consulting Group Inc. (NASDAQ:HURN) is set to post its quarterly earnings results after the market closes on Wednesday, November 1st. Analysts expect Huron Consulting Group to post earnings of $0.73 per share for the quarter. Huron Consulting Group has set its FY17 guidance at $2.20-2.30 EPS.
Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.49 earnings per share for the quarter, missing the Zacks’ 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 firm had revenue of $181.40 million for the quarter, compared to analysts’ expectations of $191.83 million. During the same period last year, the business earned $1.09 earnings per share. The firm’s revenue for the quarter was down 1.6% on a year-over-year basis. On average, analysts expect Huron Consulting Group to post $2.22 EPS for the current fiscal year and $2.49 EPS for the next fiscal year.
Shares of Huron Consulting Group Inc. (NASDAQ:HURN) opened at 35.35 on Wednesday. Huron Consulting Group Inc. has a 1-year low of $29.52 and a 1-year high of $57.60. The stock’s market capitalization is $759.74 million. The stock’s 50 day moving average price is $34.37 and its 200-day moving average price is $38.65.
Several research analysts have recently weighed in on the company. SunTrust Banks, Inc. reaffirmed a “buy” rating and set a $48.00 price objective on shares of Huron Consulting Group in a research report on Friday, October 20th. Zacks Investment Research raised Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research report on Monday, October 16th. William Blair raised Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research report on Friday, September 8th. Finally, TheStreet cut Huron Consulting Group from a “c” rating to a “d+” rating in a research report on Monday, July 31st. Four investment analysts have rated the stock with a hold rating and three have assigned a buy rating to the stock. The company has an average rating of “Hold” and a consensus target price of $48.00.
About Huron Consulting Group
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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