Huron Consulting Q2 revenue before reimbursable expenses rises 16%
Reuters2026/07/28 20:19
Overview
U.S. professional services firm's Q2 revenue before reimbursable expenses rose 16%
Adjusted diluted EPS for Q2 rose 30% to $2.46
Company repurchased $53.1 mln in stock during the quarter
Outlook
Huron raises 2026 RBR guidance to $1.85 bln-$1.89 bln
Company expects 2026 adjusted EBITDA as a percentage of RBR between 14.5% and 15.0%
Huron sees 2026 adjusted diluted EPS in a range of $9.00-$9.40
Result Drivers
ORGANIC GROWTH - Co said revenue growth was driven by strong organic demand across all three operating segments
ACQUISITIONS - Recent acquisitions contributed $19.5 mln to Q2 revenue, including the addition of RelateCare to Managed Services
HIGHER UTILIZATION - Utilization rates for Consulting and Digital capabilities increased compared to the prior year
Company press release: ID:nBw2L37yYa
Key Details
Metric |
Beat/Miss |
Actual |
Consensus Estimate |
Q2 Revenues before reimbursable expenses |
Beat |
$465.64 mln |
|
Q2 EPS |
|
$1.91 |
|
Q2 Net Income |
|
$31.23 mln |
|
Q2 Operating income |
|
$50.25 mln |
|
Q2 Pretax Profit |
|
$42.91 mln |
|
Analyst Coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"
The average consensus recommendation for the business support services peer group is "buy."
Wall Street's median 12-month price target for Huron Consulting Group Inc is $183.50, about 57.5% above its July 27 closing price of $116.51
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 14 three months ago
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For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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