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

Hackett group

03/08/2024 24:15

* Hackett Group Inc  HCKT.OQ   HCKT.O  is expected to show a
fall
in quarterly revenue when it reports  results on August 6 for
the period ending June 30 2024
    * The Miami Florida-based  company is expected to report a
1.8% decrease in revenue to $75.705 million from $77.1 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data.The company's guidance on May 7 2024, for the
period ended June 30, was for revenue between 73.50 million and
75.00 million.
    * ​LSEG's mean analyst estimate for Hackett Group Inc is for
earnings of 37 cents per share. The company's EPS guidance on
May 7 2024, for the period ended June 30, 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 $26.50​, below​ its last closing price of $26.64. ​​​

The company's guidance on May 7 2024 for the period ended June
30 was for Earnings before Interest, Taxes, Depreciation and
Amortization of between 73.5 million and 16.5 million.The
company's guidance on May 7 2024 for the period ended June 30
was for gross profit margin between 42% and 43%.
Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Mar. 31 2024  0.37        0.37       0.39      Beat    4.5
 Dec. 31 2024  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.        0.37        0.36       0.37      Beat    1.8
 31 2023                                                
 Dec. 31 2022  0.33        0.33       0.36      Beat    8​
 Sep. 30 2022  0.34        0.34       0.37      Beat    8.8
 Jun. 30 2022  0.34        0.34       0.38      Beat    12.9
 This summary was machine generated August 2 at 23:14 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)