NASDAQ$HURN

Huron Consulting Group Inc · Q1 2022 earnings

Q1 2022 earnings · · Investor relations

Briefing

Huron's financial performance improved in Q1 2022, with revenue and net income seeing significant increases.

Huron reported a strong first quarter in 2022, with revenues increasing by 28.0% to $260.0 million and net income increasing to $26.9 million. The company also updated its full year 2022 revenue expectations to a range of $1.00 billion to $1.05 billion.

  • Revenues increased by 28.0% to $260.0 million compared to Q1 2021.
  • Net income increased to $26.9 million, including an unrealized gain of $19.8 million from a hospital-at-home investment.
  • Adjusted EBITDA increased by 34.4% to $22.1 million.
  • Diluted earnings per share increased to $1.27, while adjusted diluted earnings per share increased to $0.49.

Headline financials

Total Revenue

$265M

Previous: $205M+29.1%
EPS (adj)

$0.49

Previous: $0.35+40.0%
Revenue Professionals

4.0K

No prior period
Consulting Utilization

71.4%

No prior period
Digital Utilization

72.4%

No prior period
Capital Expenditures

-$3.92M

Previous: -$637K-516.0%
Free Cash Flow

$22.9M

Previous: $4.77M+380.9%
Net Income

$26.9M

Previous: $5.41M+396.8%
Operating Income

$16M

Previous: $8.24M+93.7%
Gross Profit

$77.5M

Previous: $54.1M+43.3%
Cash & Equivalents

$9.75M

Previous: $21.6M-54.9%
Total Assets

$1.16B

Previous: $1.02B+12.9%
Stock-Based Comp

$7.94M

Previous: $5.63M+41.1%

Revenue & EPS history

Huron · Revenue · Quarterly

$265M

Q1 2022+29.1%vs Q1 2021
Beat estimate in 14 of 16 quarters(88%)
ActualEstimate

Revenue by segment

Huron · $260M total across 3 segments · Q1 2022

  • Healthcare
    $122M+52.9%
  • Education
    $80.7M+59.3%
  • Commercial
    $57.5M

Forward guidance

Huron updated its previous earnings guidance range for full year 2022, including revenue expectations in a range of $1.00 billion to $1.05 billion.

Historical earnings impact

How earnings announcements have historically affected this stock's price.

Avg. return before/after earnings

Based on 20 quarterly earnings reports · overlaid with Q1 2022

Historical avgQ1 2022

+0.8%

Avg return

Earnings day

+0.1%

Avg return

5 days after

+0.2%

Avg return

30 days after

60%

41 / 68 earnings

Positive

+19.6%

Q3 2018

Best reaction

-24.2%

Q3 2015

Worst reaction

Earnings price reactions
QuarterReport dateReaction (Day 0)+5 days+30 days
Q1 2026+0.1%-9.2%-19.0%
Q4 2025+5.8%+14.3%-2.9%
Q3 2025+11.2%+8.7%+8.0%
Q1 2025-0.8%+9.1%+5.1%
Q4 2024+18.2%+18.4%+13.5%
Q3 2024+11.5%+10.5%+18.8%
Q2 2024-3.1%-4.4%-4.9%
Q1 2024-7.1%-7.9%-8.3%
Q4 2023-12.3%-7.1%-9.7%
Q3 2023+1.0%+2.6%+8.1%
Q2 2023+15.6%+20.9%+21.8%
Q1 2023-12.6%-14.5%-5.8%
Q4 2022+15.9%+14.0%+13.5%
Q3 2022+3.0%+2.2%+7.2%
Q2 2022+1.9%+2.2%+4.6%
Q1 2022+6.1%+2.4%+16.3%
Q4 2021+3.3%+4.6%-1.9%
Q3 2021-0.0%+3.3%-7.2%
Q2 2021+3.5%-0.4%+4.9%
Q1 2021+0.1%-0.7%-6.8%
Q4 2020-9.2%-13.9%-16.0%
Q3 2020+7.3%+1.7%+15.8%
Q2 2020+8.9%+6.8%+0.8%
Q1 2020-16.8%-22.3%-18.1%
Q4 2019+1.7%-8.5%-27.2%
Q3 2019+9.6%+10.3%+11.0%
Q2 2019+10.5%+5.9%+10.9%
Q1 2019+0.6%+2.0%+2.1%
Q4 2018-12.1%-12.5%-12.0%
Q3 2018+19.6%+16.0%+20.4%
Q2 2018+4.1%+6.2%+13.3%
Q1 2018-6.4%-7.7%+8.1%
Q4 2017-17.5%-15.9%-10.1%
Q3 2017+4.6%+4.6%+9.6%
Q2 2017-13.8%-15.4%-27.4%
Q1 2017+2.8%+0.0%-6.6%
Q4 2016+1.5%-7.5%-10.7%
Q3 2016-15.3%-12.3%-8.2%
Q2 2016-3.1%-4.5%-1.2%
Q1 2016-6.0%
Q4 2015-3.1%
Q3 2015-24.2%
Q2 2015+10.7%
Q4 2011+10.7%
Q1 2015-8.1%
Q4 2014-13.1%
Q3 2014+3.1%
Q2 2014+1.8%
Q1 2014+13.7%
Q4 2013+2.3%
Q3 2013-6.2%
Q2 2013+8.1%
Q1 2013+0.9%
Q4 2012+3.4%
Q3 2012-9.1%
Q2 2012-0.6%
Q1 2012+2.5%
Q3 2011+7.1%
Q2 2011+6.7%
Q1 2010+1.5%
Q1 2011+1.2%
Q4 2010-2.6%
Q4 2008-2.6%
Q3 2009+13.7%
Q3 2010+13.7%
Q2 2009-3.9%
Q4 2009-3.9%
Q2 2010-3.9%

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