InvestorSoup.com announces an investment report featuring Huron Consulting Group Inc. (Nasdaq:HURN) The report includes financial and investment analysis, analyst consensus, and pertinent industry information you need to know to make an educated investment decision.
The investment report on Huron Consulting Group Inc. (Nasdaq:HURN) should be of particular interest to consulting firms: FTI Consulting Inc. (NYSE:FCN), LECG Corp. (Nasdaq:XPRT) and Navigant Consulting Inc. (NYSE:NCI).
It is available at: http://www.investorsoup.com/lp/HURN
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Huron Consulting Group Inc. (HURN) engages in the business of corporate management consulting. The Company advises and executes complex regulations integration, resolves disputes, offers crisis management teams, and leverages client technologies to stimulate revenue and earnings growth. Its clients include leading academic institutions, healthcare companies, all-sized business from Fortune 500 to medium-size business, and legal firms representing these clients.
In the report, the analyst notes:
"Following steady revenue growth and stock performance over the past five years, the floor fell out from under the Company's stock after its announcement on July 31 of accounting irregularities at the Company. Since HURN is a consulting firm on this very matter, its stock plunged 70% on the revelation of Monday, August 3, scaring investors of a full-blown scandal must be in the works which could hurt the Company's future revenue growth.
"On August 18, the Company posted its fiscal second-quarter results, which showed a profit of $9.6 million, or 47 cents per share, compared with $1.1 million, or six cents per share, in the same quarter last year. Revenue rose to $165.8 million, or almost 16%, from last year's second-quarter revenue of $143.4 million. Mean analysts' estimate polled by Thomson Reuters expected a profit of 45 cents per share on revenue of $165 million, not including one-time items."
To read the entire report visit: http://www.investorsoup.com/lp/HURN.
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