Hackett Group Inc reports results for the quarter ended in June - Earnings Summary

Hackett group

07/08/2024 02:29

* Hackett Group Inc  HCKT.OQ  reported quarterly adjusted
earnings
of 39 cents​​ per share for the quarter ended in June, identical
to the same quarter last year.  The mean expectation of
three analysts for the quarter was for earnings of 37 cents per
share. Wall Street expected results to range from 37 cents to 38
cents per share.
    * Revenue rose 0.7% to $77.66 million from a year ago;
analysts
expected $75.71 million. 
    * Hackett Group Inc's reported EPS for the quarter was 31
cents​.
    * The company reported quarterly net income of $8.75
million.
    * Hackett Group Inc shares had risen by 16.3% this
quarter and
gained 10.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * 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 also "buy"

Wall Street's median 12-month price target for Hackett Group Inc
is $26.50 
This summary was machine generated from LSEG data August 7 at
01:29 a.m. UTC. ​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) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.37           0.39           Beat
 Mar. 31 2024      0.37           0.39           Beat
 Dec. 31 2023      0.37           0.39           Beat
 Sep. 30 2023      0.39           0.41           Beat