Huron Consulting Group Third Quarter 2024 Earnings: Misses Expectations
Huron Consulting Group Inc. HURN | 128.05 | -0.57% |
Huron Consulting Group (NASDAQ:HURN) Third Quarter 2024 Results
Key Financial Results
- Revenue: US$378.1m (up 5.6% from 3Q 2023).
- Net income: US$27.1m (up 26% from 3Q 2023).
- Profit margin: 7.2% (up from 6.0% in 3Q 2023).
- EPS: US$1.53 (up from US$1.15 in 3Q 2023).
All figures shown in the chart above are for the trailing 12 month (TTM) period
Huron Consulting Group Revenues and Earnings Miss Expectations
Revenue missed analyst estimates by 2.4%. Earnings per share (EPS) also missed analyst estimates by 4.9%.
Looking ahead, revenue is forecast to grow 7.7% p.a. on average during the next 3 years, compared to a 5.6% growth forecast for the Professional Services industry in the US.
The company's shares are up 9.0% from a week ago.
Risk Analysis
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