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Huron Consulting: 3Q Earnings Snapshot

CHICAGO (AP) _ Huron Consulting Group Inc. (HURN) on Tuesday reported third-quarter net income of $13.7 million.

The Chicago-based company said it had net income of 61 cents per share. Earnings, adjusted for one-time gains and costs, were 79 cents per share.

The results exceeded Wall Street expectations. The average estimate of three analysts surveyed by Zacks Investment Research was for earnings of 66 cents per share.

The consulting company posted revenue of $242.9 million in the period. Its adjusted revenue was $219.3 million, also surpassing Street forecasts. Three analysts surveyed by Zacks expected $210.2 million.

Huron Consulting expects full-year revenue in the range of $850 million to $865 million.

Huron Consulting shares have risen 18% since the beginning of the year. In the final minutes of trading on Tuesday, shares hit $60.40, a climb of 33% 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 HURN at https://www.zacks.com/ap/HURN