Huron Narrows FY24 Guidance For Revenues Before Reimbursable Expenses From $1.46B - $1.54B To $1.46B - $1.50B (Est $1.502B); Revises Adj EPS From $5.60 - $6.10 To $5.85 -$6.15 (Est $5.86)
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Huron Consulting Group (HURN) has revised its FY24 revenue guidance to $1.46B-$1.50B from $1.46B-$1.54B, slightly below the estimated $1.502B. The company also adjusted its EPS guidance to $5.85-$6.15 from $5.60-$6.10, above the estimated $5.86. Additionally, Huron increased its adjusted EBITDA as a percentage of revenues to 13.0%-13.5%.
July 30, 2024 | 9:13 pm
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Huron Consulting Group (HURN) has revised its FY24 revenue guidance to $1.46B-$1.50B, slightly below the estimated $1.502B. The company also adjusted its EPS guidance to $5.85-$6.15, above the estimated $5.86. Additionally, Huron increased its adjusted EBITDA as a percentage of revenues to 13.0%-13.5%.
The revised revenue guidance is slightly below estimates, which could be seen as a minor negative. However, the increased EPS guidance and higher adjusted EBITDA as a percentage of revenues are positive indicators, likely leading to a short-term positive impact on the stock price.
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