NASDAQ$HURN
Huron Consulting Group Inc · Q3 2023 earnings
Q3 2023 earnings · · Investor relations
Briefing
Huron's Q3 2023 earnings were announced, featuring revenue growth and increased profitability.
Huron announced record third-quarter 2023 financial results, with revenues increasing by 25.5% to $358.2 million compared to Q3 2022. Net income also increased by 21.3% to $21.5 million, and the company increased its full-year 2023 revenue guidance to a range of $1.35 billion to $1.37 billion.
- Total revenues increased by 25.5% to $358.2 million in Q3 2023.
- Net income increased by 21.3% to $21.5 million in Q3 2023.
- Adjusted EBITDA increased by 31.6% to $48.0 million in Q3 2023.
- Diluted earnings per share increased by 27.9% to $1.10 in Q3 2023.
Headline financials
Revenue & EPS history
Huron · Revenue · Quarterly
$367M
Revenue by segment
Huron · $358M total across 3 segments · Q3 2023
- Healthcare$179M+36.4%50.0%
- Education$111M+17.7%31.0%
- Commercial$68M+13.8%19.0%
Forward guidance
Huron increased guidance for full year 2023 revenues before reimbursable expenses to a range of $1.35 billion to $1.37 billion. The company also anticipates adjusted EBITDA as a percentage of revenues in a range of 12.0% to 12.5% and non-GAAP adjusted diluted earnings per share in a range of $4.70 to $4.90.
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 Q3 2023
+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
| Quarter | Report date | Reaction (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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