Analysts predict that Huron Consulting Group (NASDAQ:HURN) will report earnings of $0.74 per share for the current quarter, according to Zacks Investment Research. Three analysts have issued estimates for Huron Consulting Group’s earnings, with the highest EPS estimate coming in at $0.78 and the lowest estimate coming in at $0.72. Huron Consulting Group reported earnings of $0.58 per share in the same quarter last year, which indicates a positive year-over-year growth rate of 27.6%. The firm is expected to announce its next earnings report on Thursday, February 22nd.
According to Zacks, analysts expect that Huron Consulting Group will report full-year earnings of $2.22 per share for the current financial year, with EPS estimates ranging from $2.20 to $2.25. For the next financial year, analysts forecast that the company will report earnings of $2.45 per share, with EPS estimates ranging from $2.35 to $2.60. Zacks Investment Research’s EPS calculations are an average based on a survey of sell-side research firms that cover Huron Consulting Group.
Huron Consulting Group (NASDAQ:HURN) last released its quarterly earnings data on Wednesday, November 1st. The business services provider reported $0.43 earnings per share (EPS) for the quarter, missing the Zacks’ consensus estimate of $0.55 by ($0.12). Huron Consulting Group had a negative net margin of 17.09% and a positive return on equity of 7.50%. The business had revenue of $176.40 million for the quarter, compared to the consensus estimate of $181.27 million. During the same quarter in the prior year, the business posted $0.92 earnings per share. Huron Consulting Group’s revenue for the quarter was down 3.8% on a year-over-year basis.
Huron Consulting Group (NASDAQ:HURN) opened at $42.65 on Friday. The company has a debt-to-equity ratio of 0.71, a quick ratio of 1.45 and a current ratio of 1.45. Huron Consulting Group has a one year low of $29.52 and a one year high of $47.65. The stock has a market cap of $911.73, a P/E ratio of -6.72, a PEG ratio of 1.12 and a beta of 0.12.
A number of large investors have recently bought and sold shares of HURN. Schwab Charles Investment Management Inc. lifted its position in Huron Consulting Group by 14.0% during the second quarter. Schwab Charles Investment Management Inc. now owns 135,214 shares of the business services provider’s stock valued at $5,842,000 after acquiring an additional 16,636 shares during the last quarter. Rhumbline Advisers raised its holdings in shares of Huron Consulting Group by 2.2% in the second quarter. Rhumbline Advisers now owns 28,648 shares of the business services provider’s stock worth $1,238,000 after buying an additional 619 shares during the last quarter. Legal & General Group Plc raised its holdings in shares of Huron Consulting Group by 2.6% in the second quarter. Legal & General Group Plc now owns 7,631 shares of the business services provider’s stock worth $329,000 after buying an additional 197 shares during the last quarter. BNP Paribas Arbitrage SA raised its holdings in shares of Huron Consulting Group by 194.0% in the second quarter. BNP Paribas Arbitrage SA now owns 4,151 shares of the business services provider’s stock worth $179,000 after buying an additional 2,739 shares during the last quarter. Finally, Victory Capital Management Inc. raised its holdings in shares of Huron Consulting Group by 17.7% in the second quarter. Victory Capital Management Inc. now owns 3,485 shares of the business services provider’s stock worth $151,000 after buying an additional 524 shares during the last quarter. 89.59% of the stock is owned by institutional investors.
ILLEGAL ACTIVITY NOTICE: This piece was published by American Banking News and is owned by of American Banking News. If you are viewing this piece on another site, it was stolen and republished in violation of US & international copyright and trademark law. The original version of this piece can be read at https://www.americanbankingnews.com/2018/01/20/0-74-earnings-per-share-expected-for-huron-consulting-group-hurn-this-quarter.html.
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.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Huron Consulting Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huron Consulting Group and related companies with MarketBeat.com's FREE daily email newsletter.