Huron Consulting Gr Q4 2023 Adj EPS $1.29 Beats $1.14 Estimate, Sales $339.23M Miss $341.71M Estimate
Portfolio Pulse from Benzinga Newsdesk
Huron Consulting Group (HURN) reported Q4 2023 adjusted EPS of $1.29, surpassing the $1.14 estimate, marking a 13.16% beat and a 15.18% increase from the previous year. However, their sales of $339.23M fell short of the $341.71M estimate by 0.73%, despite being an 8.13% increase from the previous year.
February 27, 2024 | 10:17 pm
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Huron Consulting Group reported a strong Q4 2023 with adjusted EPS beating estimates and showing significant year-over-year growth, although sales slightly missed estimates.
The positive earnings surprise and year-over-year growth in both earnings and sales are likely to be viewed favorably by investors, potentially leading to a short-term positive impact on HURN's stock price. The slight miss in sales might temper some of the enthusiasm, but the strong earnings performance is expected to be the dominant factor.
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