Huron Consulting Group (HURN) Releases Earnings Results, Beats Expectations By $0.09 EPS

Huron Consulting Group (HURN) reported quarterly earnings results on Thursday, Apr-28-2016. The company said it had a profit of $0.62 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.09. Analysts had a consensus of $0.53. The company posted revenue of $180.50 million in the period, compared to analysts expectations of $170.37 million. The company’s revenue was up 16.9% compared to the same quarter last year. During the same quarter in the previous year, the company posted $0.23 EPS.

Many Wall Street Analysts have commented on Huron Consulting Group. Shares were Reiterated by Deutsche Bank on Feb 23, 2016 to “Buy” and Lowered the Price Target to $ 60 from a previous price target of $65 .

Huron Consulting Group opened for trading at $58.93 and hit $59.42 on the upside on Wednesday, eventually ending the session at $59.18, with a gain of 0.61% or 0.36 points. The heightened volatility saw the trading volume jump to 65,662 shares. Company has a market cap of $1,276 M.

In a different news, on Apr 5, 2016, James D Edwards (director) sold 591 shares at $57.47 per share price. According to the SEC, on Apr 5, 2016, H Eugene Lockhart (director) sold 3,309 shares at $57.77 per share price. On Apr 5, 2016, John S Moody (director) sold 787 shares at $57.50 per share price, according to the Form-4 filing with the securities and exchange commission.

Huron Consulting Group Inc. is an operational and financial consulting services provider. The Company operates through five segments: Huron Healthcare Huron Legal Huron Education and Life Sciences Huron Business Advisory and All Other. The Huron Healthcare segment provides consulting services to national and regional hospitals and integrated health systems academic medical centers community hospitals and physician practices. The Huron Legal segment provides advisory and business services to assist law departments. The Huron Education and Life Sciences segment provides management consulting services and software solutions. The Huron Business Advisory segment provides services to the C-suite of middle market and organizations lending institutions law firms investment banks and private equity firms. The All Other segment includes its public sector consulting practice and its foreign healthcare and strategic consulting operations -based in the Middle East.

Huron Consulting Group

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