The Hackett Group Q1 EPS $0.39 Beats $0.37 Estimate, Sales $77.19M Beat $74.55M Estimate
Portfolio Pulse from Benzinga Newsdesk
The Hackett Group (HCKT) reported Q1 earnings of $0.39 per share, surpassing the consensus estimate of $0.37, and sales of $77.19M, beating the $74.55M estimate. This represents a 5.41% increase in earnings and an 8.36% increase in sales compared to the same period last year.
May 07, 2024 | 8:09 pm
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The Hackett Group reported a strong Q1 with earnings and sales exceeding analyst expectations, indicating robust performance and potential for stock appreciation.
Beating both earnings and sales estimates typically generates positive investor sentiment, potentially leading to stock price appreciation in the short term. The reported year-over-year growth in earnings and sales further strengthens the case for a positive outlook on HCKT's stock.
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