Hill International (HIL) Misses Q1 EPS by 3c; Reaffirms Outlook

Hill International (NYSE: HIL) reported Q1 EPS of $0.03, $0.03 worse than the analyst estimate of $0.06. Revenue for the quarter came in at $176.2 million versus the consensus estimate of $163.47 million.

Based on Hill’s financial performance in the first quarter, current market conditions and the backlog amounts described above, the company reiterates its prior guidance that consulting fee revenue in 2016 is expected to be between $630 million and $660 million. This guidance reflects approximately 0% to 5% growth in consulting fee revenue for the year. The company also maintains that EBITDA margin as a percentage of consulting fees in 2016 will be in the range of 8% to 10%, up from 6.5% during 2015.

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

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