Huron Consulting Group (NASDAQ:HURN) Releases Quarterly Earnings Results, Beats Expectations By $0.29 EPS

by · The Cerbat Gem

Huron Consulting Group (NASDAQ:HURN – Get Free Report) released its quarterly earnings data on Tuesday. The business services provider reported $2.46 EPS for the quarter, beating the consensus estimate of $2.17 by $0.29, FiscalAI reports. Huron Consulting Group had a return on equity of 29.41% and a net margin of 5.94%.The firm had revenue of $475.04 million during the quarter, compared to the consensus estimate of $448.98 million. Huron Consulting Group updated its FY 2026 guidance to 9.000-9.400 EPS.

Here are the key takeaways from Huron Consulting Group’s conference call:

  • Record second-quarter performance: Revenue before reimbursable expenses rose 15.7% year over year to $465.6 million, while adjusted EPS increased 30.2% to $2.46 and adjusted EBITDA margin expanded to 15.6%.
  • Huron raised and narrowed its 2026 guidance, now expecting RBR of $1.85 billion-$1.89 billion and adjusted EPS of $9.00-$9.40, while maintaining its 14.5%-15% adjusted EBITDA margin outlook.
  • AI is increasing demand: Digital bookings grew more than 20% in the first half, with over 60% involving direct AI work or AI-enabled delivery; management expects double-digit digital growth in the second half.
  • Growth was broad-based, led by healthcare RBR growth of 17.4% and managed services growth of 64%, education growth of 7.8%, and commercial growth of 24.6%; the RelateCare acquisition is expected to add about $30 million of 2026 RBR and approximately $0.10 of adjusted EPS.
  • Operating cash flow reached $120.5 million and free cash flow was $111.3 million in the quarter, supporting $53.1 million of share repurchases, though net debt remained $802.8 million and management expects corporate expenses to rise at a low-double-digit rate in 2026.

Huron Consulting Group Stock Up 4.2%

Huron Consulting Group stock traded up $4.86 during midday trading on Tuesday, hitting $121.37. 284,783 shares of the stock were exchanged, compared to its average volume of 285,248. Huron Consulting Group has a 52-week low of $84.88 and a 52-week high of $186.77. The stock has a market capitalization of $1.97 billion, a price-to-earnings ratio of 20.71 and a beta of 0.12. The business’s 50-day moving average price is $104.99 and its 200-day moving average price is $127.91. The company has a quick ratio of 2.22, a current ratio of 2.22 and a debt-to-equity ratio of 2.10.

Wall Street Analyst Weigh In

HURN has been the subject of a number of recent research reports. Truist Financial decreased their price target on shares of Huron Consulting Group to $155.00 and set a “buy” rating for the company in a research note on Tuesday, June 9th. Wall Street Zen cut shares of Huron Consulting Group from a “buy” rating to a “hold” rating in a report on Sunday, July 12th. Wedbush restated an “outperform” rating and issued a $160.00 target price on shares of Huron Consulting Group in a report on Wednesday, May 6th. Weiss Ratings lowered Huron Consulting Group from a “hold (c+)” rating to a “hold (c)” rating in a report on Tuesday, May 12th. Finally, Barrington Research reaffirmed an “outperform” rating on shares of Huron Consulting Group in a research report on Wednesday, June 17th. Four equities research analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to MarketBeat, Huron Consulting Group presently has a consensus rating of “Moderate Buy” and a consensus target price of $184.25.

Get Our Latest Analysis on HURN

Insiders Place Their Bets

In related news, Director Debra Zumwalt sold 598 shares of Huron Consulting Group stock in a transaction on Monday, May 11th. The stock was sold at an average price of $118.44, for a total transaction of $70,827.12. Following the sale, the director directly owned 27,201 shares in the company, valued at approximately $3,221,686.44. This trade represents a 2.15% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Joy Brown sold 1,821 shares of the business’s stock in a transaction on Friday, May 22nd. The stock was sold at an average price of $105.01, for a total value of $191,223.21. Following the completion of the transaction, the director directly owned 8,575 shares in the company, valued at approximately $900,460.75. This represents a 17.52% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 2,862 shares of company stock valued at $314,519. Corporate insiders own 2.07% of the company’s stock.

Hedge Funds Weigh In On Huron Consulting Group

Several institutional investors have recently added to or reduced their stakes in the stock. Boston Partners raised its position in Huron Consulting Group by 17.0% in the third quarter. Boston Partners now owns 888,045 shares of the business services provider’s stock worth $130,803,000 after acquiring an additional 129,073 shares during the period. Morgan Stanley lifted its position in shares of Huron Consulting Group by 11.4% during the 4th quarter. Morgan Stanley now owns 779,120 shares of the business services provider’s stock valued at $134,718,000 after buying an additional 79,757 shares during the last quarter. Goldman Sachs Group Inc. grew its stake in shares of Huron Consulting Group by 53.0% during the 1st quarter. Goldman Sachs Group Inc. now owns 198,938 shares of the business services provider’s stock worth $28,538,000 after acquiring an additional 68,891 shares during the period. Janus Henderson Group PLC grew its stake in shares of Huron Consulting Group by 688.5% during the 4th quarter. Janus Henderson Group PLC now owns 65,682 shares of the business services provider’s stock worth $11,356,000 after acquiring an additional 57,352 shares during the period. Finally, Jane Street Group LLC increased its holdings in Huron Consulting Group by 667.5% in the 4th quarter. Jane Street Group LLC now owns 64,978 shares of the business services provider’s stock worth $11,235,000 after acquiring an additional 56,512 shares during the last quarter. Institutional investors own 93.90% of the company’s stock.

About Huron Consulting Group

(Get Free Report)

Huron Consulting Group (NASDAQ:HURN) is a global professional services firm that advises organizations across a range of industries on strategy, operations and technology. Founded in 2002 and headquartered in Chicago, the company helps clients address complex business challenges such as performance improvement, digital transformation and organizational change. Huron’s consultants work alongside executive leadership teams to develop and implement tailored solutions that drive growth, increase efficiency and manage risk.

Huron’s service offerings encompass business and financial advisory, healthcare performance improvement, life sciences consulting, higher education and research lifecycle support, as well as legal and regulatory consulting.

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