Huron Consulting Group (HURN) Tops Q1 EPS by 1c; Updates Outlook

Huron Consulting Group (NASDAQ: HURN) reported Q1 EPS of $0.55, $0.01 better than the analyst estimate of $0.54. Revenue for the quarter came in at $188.8 million versus the consensus estimate of $175.55 million.

• Revenues increased 4.6% to $188.8 million in Q1 2017 compared to $180.5 million in Q1 2016.
• Net income from continuing operations was $5.2 million in Q1 2017 compared to $6.9 million in Q1 2016.
• Adjusted EBITDA(5), a non-GAAP measure, was $27.1 million in Q1 2017 compared to $26.6 million in Q1 2016.
• Diluted earnings per share from continuing operations was $0.24 in Q1 2017 compared to $0.32 in Q1 2016.
• Adjusted diluted earnings per share from continuing operations(5), a non-GAAPmeasure, was $0.55 in Q1 2017 compared to $0.62 in Q1 2016.
• Huron updates its previously released net income and diluted earnings per share guidance for full year 2017 in a range of $24.0 million to $31.0 million and $1.10 to $1.40, respectively, and affirms its previously released revenue, adjusted EBITDA(6), and adjusted diluted earnings per share(6) guidance for full year 2017 in a range of $750.0 million to $790.0 million, $112.5 million to $124.5 million, and $2.40 to $2.70, respectively.

For earnings history and earnings-related data on Huron Consulting Group (HURN) click here.

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