Huron Consulting Gr Q1 2024 Adj EPS $1.23 Beats $0.89 Estimate, Sales $355.961M Beat $351.014M Estimate
Portfolio Pulse from Benzinga Newsdesk
Huron Consulting Group (HURN) reported Q1 2024 adjusted EPS of $1.23, surpassing the $0.89 estimate, with a 38.2% beat. Year-over-year, earnings increased by 41.38% from $0.87. Sales reached $355.961M, exceeding the $351.014M forecast by 1.41% and marking an 11.97% increase from the previous year's $317.895M.
April 30, 2024 | 10:22 pm
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Huron Consulting Group reported a significant beat on both earnings and sales estimates for Q1 2024, with adjusted EPS at $1.23 and sales of $355.961M.
The substantial beat on both earnings per share and sales estimates for Q1 2024 indicates strong financial health and operational efficiency. The 38.2% beat on EPS and 1.41% beat on sales forecasts, coupled with year-over-year growth, are likely to positively influence investor sentiment and potentially lead to a short-term uptick in HURN's stock price.
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RELEVANCE 100