Huron Consulting: 2Q Earnings Snapshot
CHICAGO (AP) _ Huron Consulting Group Inc. (HURN) on Tuesday reported second-quarter net income of $10.5 million.
The Chicago-based company said it had profit of 47 cents per share. Earnings, adjusted for one-time gains and costs, were 76 cents per share.
The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 60 cents per share.
The consulting company posted revenue of $244.3 million in the period, which also beat Street forecasts. Three analysts surveyed by Zacks expected $204.8 million.
Huron Consulting shares have risen nearly 7% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $54.84, a rise of 25% in the last 12 months.