Preview of Huron’s (HURN) Q1 Earnings: Key Factors to Watch

Huron Consulting Group, a professional services firm trading as Huron (NASDAQ: HURN), is expected to release its first-quarter earnings report soon. Last quarter, the company outperformed analysts’ revenue predictions by 1.7%, achieving a revenue of $399.3 million, an impressive increase of 14.1% compared to the previous year. This exceptional performance extended to the earnings per share, surpassing analysts’ estimates by a significant margin.

Looking ahead to the upcoming quarter, analysts forecast a year-on-year revenue growth of 10.3% to $401 million for Huron. This projection aligns closely with the 11.3% growth seen in the same quarter last year. Adjusted earnings per share are expected to reach $1.16. Over the past month, analysts covering Huron have maintained their estimates, indicating a sense of stability in the company’s operations leading up to the earnings announcement. It’s worth noting that Huron has missed Wall Street’s revenue estimates three times in the past two years.

To get an idea of the potential outcomes, it is helpful to consider the performance of Huron’s peers in the business process outsourcing and consulting sector. Some companies have already disclosed their first-quarter results. For instance, FTI Consulting experienced a 3.3% reduction in its revenues year-on-year, falling short of analysts’ projections by 0.9%. In contrast, Concentrix reported a revenue decline of 1.3%, which was in line with the consensus expectations. Following their results, FTI Consulting’s stock price decreased by 3.3%, while Concentrix’s stock price shot up by 42.3%.

In the broader economic landscape, the outlook for 2025 is clouded by uncertainties surrounding potential changes in trade policies and corporate tax discussions that may impact business confidence and growth. Despite some companies in the business process outsourcing and consulting sector displaying robust performances amidst this volatile environment, overall returns within the sector have been lackluster. On average, stock prices have declined by 2.1% in the last month. Huron, specifically, has experienced a 4.9% drop during the same period. As Huron prepares to unveil its earnings report, analysts have set an average price target of $169.25 for the company, compared to its current share price of $136.40.

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