Huron raises 2026 RBR guidance to $1.85 bln-$1.89 bln
Company expects 2026 adjusted EBITDA as a percentage of RBR between 14.5% and 15.0%
Huron sees 2026 adjusted diluted EPS in a range of $9.00-$9.40
Overview
U.S. professional services firm's Q2 revenue before reimbursable expenses rose 16%
Adjusted diluted EPS for Q2 rose 30% to $2.46
Company repurchased $53.1 mln in stock during the quarter
Analyst coverage
The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 5 "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 Huron Consulting Group Inc is $183.50, about 57.5% above its July 27 closing price of $116.51
The stock recently traded at 12 times the next 12-month earnings vs. a P/E of 14 three months ago
Result drivers and key details
Organic growth - Co said revenue growth was driven by strong organic demand across all three operating segments