Huron Consulting Group Third Quarter 2024 Earnings: Misses Expectations

Huron Consulting Group Inc. -0.57%

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).
earnings-and-revenue-growth
NasdaqGS:HURN Earnings and Revenue Growth October 31st 2024

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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