$180.54 Million in Sales Expected for Huron Consulting Group Inc. (HURN) This Quarter

Equities analysts expect Huron Consulting Group Inc. (NASDAQ:HURN) to report sales of $180.54 million for the current quarter, according to Zacks. Three analysts have made estimates for Huron Consulting Group’s earnings, with the highest sales estimate coming in at $184.03 million and the lowest estimate coming in at $176.29 million. Huron Consulting Group reported sales of $202.49 million during the same quarter last year, which would suggest a negative year-over-year growth rate of 10.8%. The firm is expected to issue its next earnings report on Tuesday, November 7th.

According to Zacks, analysts expect that Huron Consulting Group will report full year sales of $180.54 million for the current fiscal year, with estimates ranging from $730.11 million to $735.40 million. For the next year, analysts expect that the firm will post sales of $749.29 million per share, with estimates ranging from $718.04 million to $767.00 million. Zacks’ sales calculations are a mean average based on a survey of analysts that that provide coverage for Huron Consulting Group.

Huron Consulting Group (NASDAQ:HURN) last posted its quarterly earnings results on Thursday, July 27th. The business services provider reported $0.49 EPS for the quarter, missing the consensus estimate of $0.67 by ($0.18). The business had revenue of $181.40 million during the quarter, compared to analysts’ expectations of $191.83 million. Huron Consulting Group had a negative net margin of 15.94% and a positive return on equity of 8.83%. The firm’s quarterly revenue was down 1.6% compared to the same quarter last year. During the same quarter last year, the firm earned $1.09 EPS.

HURN has been the subject of several research analyst reports. Zacks Investment Research downgraded Huron Consulting Group from a “hold” rating to a “strong sell” rating in a research note on Monday, July 31st. William Blair raised Huron Consulting Group from a “market perform” rating to an “outperform” rating in a research note on Friday, September 8th. Finally, TheStreet downgraded Huron Consulting Group from a “c” rating to a “d+” rating in a research note on Monday, July 31st. One analyst has rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating to the stock. The stock presently has a consensus rating of “Hold”.

Huron Consulting Group (HURN) traded up 2.11% during mid-day trading on Thursday, reaching $36.25. The company’s stock had a trading volume of 169,772 shares. Huron Consulting Group has a 1-year low of $29.52 and a 1-year high of $59.04. The firm has a 50-day moving average of $32.56 and a 200 day moving average of $39.15. The firm’s market capitalization is $779.09 million.

Several institutional investors and hedge funds have recently bought and sold shares of HURN. Wells Fargo & Company MN raised its stake in shares of Huron Consulting Group by 18.0% during the 1st quarter. Wells Fargo & Company MN now owns 50,255 shares of the business services provider’s stock worth $2,116,000 after purchasing an additional 7,658 shares in the last quarter. First Trust Advisors LP raised its stake in shares of Huron Consulting Group by 61.8% during the 1st quarter. First Trust Advisors LP now owns 49,748 shares of the business services provider’s stock worth $2,094,000 after purchasing an additional 19,005 shares in the last quarter. Swiss National Bank raised its stake in shares of Huron Consulting Group by 3.5% during the 1st quarter. Swiss National Bank now owns 35,800 shares of the business services provider’s stock worth $1,507,000 after purchasing an additional 1,200 shares in the last quarter. Oxford Asset Management raised its stake in shares of Huron Consulting Group by 203.5% during the 1st quarter. Oxford Asset Management now owns 14,692 shares of the business services provider’s stock worth $619,000 after purchasing an additional 9,851 shares in the last quarter. Finally, Quantbot Technologies LP raised its stake in shares of Huron Consulting Group by 18.1% during the 1st quarter. Quantbot Technologies LP now owns 3,823 shares of the business services provider’s stock worth $160,000 after purchasing an additional 585 shares in the last quarter. 88.49% of the stock is owned by institutional investors.

WARNING: “$180.54 Million in Sales Expected for Huron Consulting Group Inc. (HURN) This Quarter” was originally posted by BBNS and is the sole property of of BBNS. If you are viewing this news story on another site, it was illegally copied and republished in violation of U.S. and international copyright & trademark legislation. The original version of this news story can be accessed at https://baseballnewssource.com/markets/180-54-million-in-sales-expected-for-huron-consulting-group-inc-hurn-this-quarter/1700027.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.

Get a free copy of the Zacks research report on Huron Consulting Group (HURN)

For more information about research offerings from Zacks Investment Research, visit Zacks.com

Earnings History and Estimates for Huron Consulting Group (NASDAQ:HURN)

Receive News & Ratings for Huron Consulting Group Inc. Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Huron Consulting Group Inc. and related companies with our FREE daily email newsletter.

 


Latest News

Justin Turner Joining Postseason Legends
Justin Turner Joining Postseason Legends
PED Use Cost Alex Rodriguez Millions and His Reputation
PED Use Cost Alex Rodriguez Millions and His Reputation
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Yankees to Send Masahiro Tanaka Against Astros in Game 1
Red Sox Waste Little Time in Firing John Farrell
Red Sox Waste Little Time in Firing John Farrell
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Washington Nationals Sans Strasburg for Game 4 at Wrigley
Red Sox Beat Houston Sunday to Avoid Elimination
Red Sox Beat Houston Sunday to Avoid Elimination


Leave a Reply

 
© 2006-2017 BBNS.