Hackett Group Q2 adjusted EPS meets expectations

Hackett group

05/08/2025 21:50

Overview

Hackett Group Q2 2025 revenue of $78.9 mln

Adjusted EPS for Q2 2025 met analyst expectations at $0.38, per LSEG data

Co repurchased shares worth $4.4 mln, increased buyback authorization to $30 mln

Outlook

Company estimates Q3 2025 revenue before reimbursements at $73.0 mln to $74.5 mln

Company projects Q3 2025 adjusted EPS of $0.36 to $0.38

Result Drivers

GEN AI INVESTMENTS - Hackett Group's Q2 revenue exceeded guidance due to aggressive investments in Gen AI platforms, according to CEO Ted A. Fernandez

AI INNOVATION - Rapid pace of innovation allowed for accelerated release of AI XPLR V4, enhancing Gen AI solutions and attracting clients and partners, per CEO Ted A. Fernandez

ACQUISITION COSTS - Q2 GAAP net income impacted by $5.1 mln non-cash compensation from a stock price award program and $2.5 mln in acquisition-related expenses

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q2 Revenue
$78.90 mln
Q2 Adjusted EPS
Meet
$0.38
$0.38 (3 Analysts)
Q2 EPS
$0.06


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 $35.00, about 33.5% above its August 4 closing price of $23.28

The stock recently traded at 13 times the next 12-month earnings vs. a P/E of 14 three months ago

Press Release: ID:nBw1P6cyPa

(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.)