The Hackett Group (HCKT) reported quarterly earnings results on Tuesday, May-10-2016. The company said it had a profit of $0.20 Earnings per Share for the quarter. The results exceeded Wall Street expectations beating the analyst consensus estimate by $0.01. Analysts had a consensus of $0.19. The company posted revenue of $68.80 million in the period, compared to analysts expectations of $67.39 million. The company’s revenue was up 12.8% compared to the same quarter last year.
The Hackett Group opened for trading at $14.74 and hit $15.02 on the upside on Friday, eventually ending the session at $14.84, with a gain of 0.27% or 0.04 points. The heightened volatility saw the trading volume jump to 61,812 shares. Company has a market cap of $448 M.
In a different news, on Mar 2, 2016, Ted A Fernandez (Chairman and CEO) sold 25,000 shares at $13.98 per share price. According to the SEC, on Mar 2, 2016, David N Dungan (Vice Chairman and COO) sold 10,208 shares at $13.97 per share price. On Dec 22, 2015, Roberto A Ramirez, (Chief Financial Officer) sold 4,000 shares at $16.76 per share price, according to the Form-4 filing with the securities and exchange commission.
The Hackett Group Inc. is an advisory firm. The Company offers advisory benchmarking and transformation consulting services including shared services off shoring and outsourcing advice. Through its Archstone Consulting group (Archstone) the Company offers strategy and operations consulting services in the consumer and industrial products pharmaceutical manufacturing and financial services industry sectors. Through its REL group the Company offers working capital solutions focused on delivering cash flow improvements. Through its Enterprise Resource Planning Solutions group (ERP Solutions) the Company offers business application consulting services.