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Hackett Group: 1Q Earnings Snapshot

MIAMI (AP) _ The Hackett Group Inc. (HCKT) on Tuesday reported first-quarter earnings of $7.1 million.

On a per-share basis, the Miami-based company said it had profit of 22 cents.

The results matched Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was also for earnings of 22 cents per share.

The consulting company posted revenue of $67.2 million in the period.

For the current quarter ending in July, Hackett Group expects its per-share earnings to range from 26 cents to 28 cents.

The company said it expects revenue in the range of $67 million to $69 million for the fiscal second quarter.

Hackett Group shares have declined nearly 3% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $15.55, a decrease of 6% in the last 12 months.


This story was generated by Automated Insights (http://automatedinsights.com/ap) using data from Zacks Investment Research. Access a Zacks stock report on HCKT at https://www.zacks.com/ap/HCKT