Hackett Group Inc expected to post earnings of 37 cents a share - Earnings Preview

Hackett group

03/05/2024 23:14

* Hackett Group Inc  HCKT.OQ   HCKT.O  is expected to show a
rise
in quarterly revenue when it reports  results on May 7 for the
period ending March 31 2024
    * The Miami Florida-based  company is expected to report a
4.6% increase in revenue to $74.517 million from $71.23 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data.The company's guidance on February 20 2024,
for the period ended March 31, was for revenue between 72.50
million and 74.00 million.
    * ​LSEG's mean analyst estimate for Hackett Group Inc is for
earnings of 37 cents per share. The company's EPS guidance on
February 20 2024, for the period ended March 31, was between
0.36 and 0.39 
    * 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 mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Hackett
Group Inc
is $28.00​, above​ its last closing price of $21.96. ​​​

The company's guidance on February 20 2024 for the period ended
March 31 was for Earnings before Interest, Taxes, Depreciation
and Amortization of between 72.5 million and 15.54 million.The
company's guidance on February 20 2024 for the period ended
March 31 was for gross profit margin between 40.6% and 41.4%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.37        0.37       0.39      Beat    5.4
 Sep. 30 2023  0.39        0.39       0.41      Beat    4.2
 Jun. 30 2023  0.38        0.37       0.39      Beat    4.5​
 Mar. 31 2023  0.37        0.36       0.37      Beat    1.8
 ​​Dec.        0.33        0.33       0.36      Beat    8
 31 2022                                                
 Jan. 1 0001   0.34        0.34       0.37      Beat    8.8​
 Jun. 30 2022  0.34        0.34       0.38      Beat    12.9
 Mar. 31 2022  0.32        0.32       0.38      Beat    20
 This summary was machine generated May 3 at 22:13 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)