Overview
Hackett Group Q3 adjusted revenue misses analyst expectations, declining from previous year
Adjusted EPS for Q3 beats analyst estimates, despite revenue decline
Company announces $40 mln Dutch tender offer, increasing share repurchase authorization
Outlook
Company estimates Q4 2025 revenue before reimbursements between $69.5 mln and $71.0 mln
Company expects Q4 2025 adjusted EPS between $0.38 and $0.40
Result Drivers
RESTRUCTURING COSTS - Q3 GAAP net income impacted by restructuring costs related to Gen AI pivot
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
$73.10 mln
Q3 Adjusted Revenue
Miss
$72.20 mln
$75.04 mln (3 Analysts)
Q3 Adjusted EPS
Beat
$0.37
$0.36 (3 Analysts)
Q3 EPS
$0.09
Analyst Coverage
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "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 Hackett Group Inc is $28.00, about 35.7% above its November 3 closing price of $18.00
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 13 three months ago
Press Release: ID:nBw1FGbVca
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(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.)