Analysts Expect Huron Consulting Group (HURN) to Post $0.74 EPS

Analysts expect Huron Consulting Group (NASDAQ:HURN) to announce earnings of $0.74 per share for the current fiscal quarter, according to Zacks. 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 posted earnings of $0.58 per share during the same quarter last year, which would suggest a positive year over year growth rate of 27.6%. The business is expected to issue its next quarterly earnings results on Thursday, February 22nd.

On average, analysts expect that Huron Consulting Group will report full-year earnings of $2.22 per share for the current year, with EPS estimates ranging from $2.20 to $2.25. For the next fiscal year, analysts expect that the firm will report earnings of $2.45 per share, with EPS estimates ranging from $2.35 to $2.60. Zacks’ EPS calculations are an average based on a survey of sell-side analysts that that provide coverage for 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 EPS for the quarter, missing analysts’ consensus estimates of $0.55 by ($0.12). The business had revenue of $176.40 million during the quarter, compared to analyst estimates of $181.27 million. Huron Consulting Group had a positive return on equity of 7.50% and a negative net margin of 17.09%. The business’s revenue for the quarter was down 3.8% compared to the same quarter last year. During the same period in the prior year, the firm earned $0.92 EPS.

A number of research firms have commented on HURN. BidaskClub downgraded shares of Huron Consulting Group from a “hold” rating to a “sell” rating in a report on Saturday, December 16th. SunTrust Banks reiterated a “buy” rating and issued a $48.00 target price on shares of Huron Consulting Group in a research note on Friday, October 20th. Finally, Zacks Investment Research upgraded Huron Consulting Group from a “strong sell” rating to a “hold” rating in a research note on Monday, October 16th. One analyst has rated the stock with a sell rating, four have given a hold rating and three have given a buy rating to the company. The company has a consensus rating of “Hold” and a consensus target price of $48.00.

Huron Consulting Group (NASDAQ HURN) opened at $42.65 on Friday. The company has a market cap of $911.73, a price-to-earnings ratio of -6.72, a price-to-earnings-growth ratio of 1.12 and a beta of 0.12. The company has a quick ratio of 1.45, a current ratio of 1.45 and a debt-to-equity ratio of 0.71. Huron Consulting Group has a 1-year low of $29.52 and a 1-year high of $47.65.

A number of hedge funds have recently bought and sold shares of the business. Legal & General Group Plc lifted its stake in 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 valued at $329,000 after buying an additional 197 shares during the last quarter. The Manufacturers Life Insurance Company lifted its stake in Huron Consulting Group by 1.3% in the second quarter. The Manufacturers Life Insurance Company now owns 17,114 shares of the business services provider’s stock valued at $739,000 after buying an additional 220 shares during the last quarter. Public Employees Retirement System of Ohio lifted its stake in Huron Consulting Group by 0.9% in the second quarter. Public Employees Retirement System of Ohio now owns 31,514 shares of the business services provider’s stock valued at $1,361,000 after buying an additional 275 shares during the last quarter. Victory Capital Management Inc. lifted its stake in 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 valued at $151,000 after buying an additional 524 shares during the last quarter. Finally, Rhumbline Advisers lifted its stake in Huron Consulting Group by 2.2% in the second quarter. Rhumbline Advisers now owns 28,648 shares of the business services provider’s stock valued at $1,238,000 after buying an additional 619 shares during the last quarter. Institutional investors own 89.59% of the company’s stock.

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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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