Hill International (HIL) Reports Q3 EPS of 6c

Hill International (NYSE: HIL) reported Q3 EPS of $0.06, may not compare to the analyst estimate of $0.11. Revenue for the quarter came in at $178.6 million versus the consensus estimate of $175.43 million.

Based on Hill's financial performance during the first nine months, current market conditions and the backlog amounts described above, the company is adjusting and narrowing its prior guidance regarding consulting fee revenue growth in 2015. The company now expects consulting fees this year to be between $630 million and $640 million, up from $577.1 million in 2014. This guidance reflects approximately 9% to 11% growth in consulting fees for the year. In addition, based upon Hill's financial performance during the first nine months and Hill's current cost optimization program, the company is narrowing its prior guidance regarding EBITDA margin as a percentage of consulting fee revenue in 2015. The company now expects EBITDA margin this year to be between 8% and 9%, up from 6.6% in 2014.

For earnings history and earnings-related data on Hill International (HIL) click here.

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