HURN Earnings Prediction
The chart below shows how HURN performed 10 days before and after its earnings report, based on data from the past quarters. Typically, HURN sees a -0.41% change in stock price 10 days leading up to the earnings, and a +3.51% change 10 days following the report. On the earnings day itself, the stock moves by -0.50%. This data can give you a slight idea of what to expect for the next quarter's release.
HURN Key Earning Data
2024/Q4
Year Over Year
Quarter Over Quarter
Total Revenue
370.05M
3.31%
-0.43%
Gross Margin
31.31%
4.51%
-0.57%
Operating Margin
12.27%
2.85%
0.16%
Net Margin
7.34%
22.13%
-27.25%
EPS
1.47
33.64%
-27.59%
No Data Available
HURN Earnings Analysis
Huron Consulting Group Inc. Corporation (HURN.O) Earnings Conference Call
Positive
Third Quarter Revenue Growth: Revenue growth in the third quarter of 2024 was 3% over the prior year period, reflecting a strong performance despite a difficult comparison against the exceptionally strong growth of 26% in Q3 of 2023.
Consistent Growth in Health Care: Our Health Care and Education segments continued their long track record of consistent growth since the beginning of 2021, reflecting the fundamental challenges that continue to drive demand for our services in each of these industries.
Commercial Segment Growth: Our Commercial segment achieved 12% sequential growth in the third quarter over the second quarter of 2024, indicating a strong rebound in performance.
Margin and EPS Improvement: Adjusted EBITDA margins increased by 140 basis points and adjusted EPS increased by 21% over the prior year quarter, demonstrating effective cost management and operational efficiency.
Net Income Improvement: Net income for the third quarter of 2024 was $27.1 million or $1.47 per diluted share compared to net income of $21.5 million or $1.10 per diluted share in the third quarter of 2023, reflecting a solid year-over-year improvement.
Negative
Quarterly Revenue Comparison: Revenue growth in the third quarter of 2024 was 3% over the prior year period, which reflected a difficult comparison against the exceptionally strong growth of 26% in Q3 of 2023 compared to Q3 of 2022.
Project Work Shift: We also saw the shifting of some project work from the third quarter to the fourth quarter of 2024.
Consistent Growth in Health Care and Education: Despite these timing factors, our Health Care and Education segments continued their long track record of consistent growth since the beginning of 2021, reflecting the fundamental challenges that continue to drive demand for our services in each of these industries.
Commercial Segment Growth: Our Commercial segment also rebounded well, achieving 12% sequential growth in the third quarter over the second quarter of 2024. While our revenue growth rate in the quarter was more modest than in recent quarters, we experienced a record sales quarter achieving a high quarterly bookings company-wide in our history.
Commercial RBR Decline Analysis: The decline in Commercial RBR was driven by our financial advisory and strategy and innovation offerings, partially offset by an increase in demand for our digital offerings.
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HURN Earning Call Sentiment
Huron Consulting Group Inc. (HURN) Q3 2024 Earnings Call Transcript
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00:00
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HURN.O
-3.99%Positive
The earnings call summary reflects strong financial performance with increased net income, improved EBITDA margins, and positive growth in key segments like Healthcare and Education. Despite a decline in the Commercial segment, the overall sentiment is positive, bolstered by optimistic guidance and strategic focus on M&A opportunities. The Q&A section reveals confidence in future growth, particularly in the Healthcare segment, although there were some unclear responses about specific growth rates. Given the positive financial metrics, optimistic guidance, and market cap, a positive stock price movement (2% to 8%) is expected.
