earnings
confidence high
sentiment positive
materiality 0.75
Huron posts record Q2 revenue of $371.7M; raises FY2024 adjusted EPS guidance to $5.85-$6.15
Huron Consulting Group Inc.
2024-Q2 EPS reported
$2.96
revenue$744,402,000
- Total revenues $371.7M (+7.2% YoY); net income $37.5M (+51.7%) includes $11.1M litigation settlement gain (net of tax).
- Diluted EPS $2.03 (+59.8%); adjusted diluted EPS $1.68 (+21.7%).
- Adjusted EBITDA $55.7M (+14.9%); record operating cash flow $107.2M.
- Raised FY2024 adjusted diluted EPS guidance to $5.85-$6.15, up from prior range.
- Repurchased 0.4M shares for $34.4M in Q2; YTD repurchased 1.0M shares (5.4% of shares outstanding).