Huron Consulting Group (HURN -7.65%), a professional services firm specializing in consulting for healthcare, education, and commercial clients, released its second quarter fiscal 2025 results on July 31, 2025. The most notable news: adjusted diluted earnings per share (non-GAAP) reached $1.89—surpassing analyst estimates by $0.10 on a non-GAAP basis—while revenue (GAAP) came in at $402.5 million, essentially in line with expectations. The company also increased its guidance for the full year, projecting im ...

Financial Data and Key Metrics Changes - Revenues before reimbursable expenses (RBR) grew 8% year-over-year, reaching a record high for the business [4][21] - Net income for Q2 2025 was $19.4 million, or $1.09 per diluted share, down from $37.5 million, or $2.23 per diluted share in Q2 2024 [23] - Adjusted EBITDA was $60.6 million, or 15.1% of RBR, compared to $55.7 million, or 15% of RBR in Q2 2024 [24] - Adjusted net income increased to $33.7 million, or $1.89 per diluted share, a 12.5% increase from Q2 2024 [25] Business Line Data and Key Metrics Changes - **Healthcare Segment**: RBR grew 4.1% to $197.8 million; excluding divested student education results, growth was 6% [25][26] - **Education Segment**: RBR reached a record $129.3 million, up 5.3% driven by strong demand for strategy and operations offerings [27][10] - **Commercial Segment**: RBR grew 28.2% to $75.4 million, driven by the acquisition of Akcea and strong demand for digital offerings [13][28] Market Data and Key Metrics Changes - The healthcare segment faces significant federal spending cuts projected to reduce Medicaid funding by over $1 trillion over the next decade, increasing the uninsured population by up to 10 million [6][7] - The education segment is experiencing heightened uncertainty due to potential declines in federal support for research grants and anticipated enrollment declines [10][11] Company Strategy and Development Direction - The company is focused on organic growth and strategic acquisitions to enhance its service offerings, particularly in healthcare and commercial segments [18][16] - Recent acquisitions, including Eclipse Insights and Trelliant, are aimed at strengthening performance improvement capabilities and expanding into risk management and compliance [9][16] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in continued growth due to strong client relationships and demand for consulting services, particularly in healthcare [5][18] - The company anticipates ongoing financial pressures for clients, which will drive demand for performance improvement and financial advisory services [42][43] Other Important Information - The company has increased its RBR guidance for 2025 to a range of $1.64 billion to $1.68 billion, reflecting a 12% increase at the midpoint compared to 2024 [17][33] - The effective tax rate for 2025 is expected to be in the range of 25% to 27% [24] Q&A Session Summary Question: Visibility in the current environment - Management noted that visibility has improved compared to earlier in the year, driven by stronger sales conversions and a clearer regulatory environment [40][42] Question: Temporary pause in digital transformation sales - Management believes the slower sales conversions in digital offerings are temporary, as clients focus on immediate financial stability [46][47] Question: Headcount growth and utilization rates - Headcount growth was primarily driven by managed services and recent acquisitions, with utilization rates at the top end of the expected range [55][62] Question: Impact of Medicaid funding cuts - Management highlighted their comprehensive performance improvement offerings that can help healthcare clients navigate the challenges posed by reduced Medicaid funding [72][74] Question: Details on the Trelliant acquisition - The acquisition is expected to enhance the company's capabilities in risk management and compliance, complementing existing services in financial services [75][76]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2025 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF (312) 583-8700 1934 Commission file number: 000-50976 HURON CONSULTING GROUP INC. (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorpor ...

MEDIA CONTACT Allie Bovis INVESTOR CONTACT John D. Kelly investor@hcg.com Huron Announces Second Quarter 2025 Financial Results and Increases 2025 Guidance Exhibit 99.1 NEWS FOR IMMEDIATE RELEASE abovis@hcg.com SECOND QUARTER 2025 FINANCIAL HIGHLIGHTS YEAR-TO-DATE 2025 FINANCIAL HIGHLIGHTS • Revenues before reimbursable expenses increased $30.9 million, or 8.3%, to a record $402.5 million in Q2 2025 from $371.7 million in Q2 2024. • Net income was $19.4 million in Q2 2025, compared to $37.5 million in Q2 20 ...

While "the trend is your friend" when it comes to short-term investing or trading, timing entries into the trend is a key determinant of success. And increasing the odds of success by making sure the sustainability of a trend isn't easy.Often, the direction of a stock's price movement reverses quickly after taking a position in it, making investors incur a short-term capital loss. So, it's important to ensure that there are enough factors -- such as sound fundamentals, positive earnings estimate revisions, ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Huron Consulting (HURN) - Huron Consulting currently holds a Momentum Style Score of A, indicating strong momentum characteristics [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned for potential outperformance in the market [3] Performance Metrics - HURN shares have increased by 9.86% over the past week, outperforming the Zacks Consulting Services industry, which rose by 1.97% [5] - Over the last quarter, HURN shares rose by 17.05%, and over the past year, they have surged by 71.84%, while the S&P 500 experienced declines of -5.82% and gains of 9.94%, respectively [6] - The average 20-day trading volume for HURN is 236,109 shares, indicating a bullish trend when combined with rising stock prices [7] Earnings Outlook - In the past two months, three earnings estimates for HURN have been revised upwards, with no downward revisions, leading to an increase in the consensus estimate from $7.15 to $7.39 [9] - For the next fiscal year, three estimates have also moved higher, reflecting positive sentiment regarding the company's earnings potential [9] Conclusion - Given the strong performance metrics and positive earnings outlook, HURN is identified as a solid momentum pick and is recommended for consideration in the near term [11]

Financial Data and Key Metrics Changes - Revenues before reimbursable expenses (RBR) grew 11% year-over-year to $395.7 million in Q1 2025 from $356 million in Q1 2024 [18] - Net income increased 36.3% to $24.5 million, or $1.33 per diluted share, compared to $18 million, or $0.95 per diluted share in the prior year [18] - Adjusted EBITDA was $41.5 million, representing 10.5% of RBR, compared to $33.8 million, or 9.5% of RBR in Q1 2024 [19] Business Line Data and Key Metrics Changes - Healthcare segment RBR grew 10% year-over-year to $198.5 million, driven by strong demand for performance improvement financial advisory offerings [5][20] - Education segment RBR increased 10% to $122.7 million, supported by demand for strategy and operations advancement offerings [21] - Commercial segment RBR surged 17% to $74.5 million, primarily due to the acquisition of Axia and strong demand for digital offerings [12][23] Market Data and Key Metrics Changes - The healthcare segment accounted for 50% of total company RBR in Q1 2025, while the education segment contributed 31% and the commercial segment 19% [20][21][24] - Days Sales Outstanding (DSO) improved to 79 days in Q1 2025 from 91 days in Q1 2024, reflecting better collections on larger projects [26] Company Strategy and Development Direction - The company reaffirmed its annual guidance, indicating confidence in its growth strategy and ability to navigate a complex regulatory landscape [5][14] - The focus remains on expanding digital capabilities and enhancing advisory services through both organic growth and acquisitions [12][13] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's performance despite a dynamic external environment, highlighting strong client relationships and industry expertise [4][5] - The healthcare sector is expected to face ongoing financial pressures, prompting clients to seek performance improvement solutions [6][7] Other Important Information - The company divested its student education business at the end of 2024, which is reflected in the current financial results [16] - Cash flow used in operations was $106.8 million in Q1 2025, down from $130.7 million in Q1 2024, primarily due to annual incentive payments [26] Q&A Session Summary Question: Outlook for the commercial segment and any changes in growth expectations - Management noted no changes to segment-level guidance, with record sales conversion driven by the digital business [30][34] Question: Headcount growth and its alignment with revenue - Management expects headcount growth to align with revenue, particularly in the healthcare business, where demand remains strong [36][37] Question: New business and billings trends in education and healthcare - Management reported no notable changes in new business or billings, with strong sales conversion in Q1 [40][42] Question: Impact of policy changes on private universities - Management confirmed ongoing relationships with private universities, with no dramatic effects from recent policy changes [44] Question: Trends in performance improvement project assessments - Assessment activity remains robust, driven by clients facing financial strain and escalating costs [46][48]

Core Insights - Huron Consulting (HURN) reported quarterly earnings of $1.68 per share, exceeding the Zacks Consensus Estimate of $1.16 per share, and up from $1.23 per share a year ago, representing an earnings surprise of 44.83% [1] - The company achieved revenues of $395.69 million for the quarter ended March 2025, surpassing the Zacks Consensus Estimate by 1.79% and increasing from $355.96 million year-over-year [2] - Huron Consulting has consistently outperformed consensus EPS estimates over the last four quarters [2] Earnings Performance - The earnings surprise for the previous quarter was 25%, with actual earnings of $1.90 per share compared to an expected $1.52 per share [1] - The current consensus EPS estimate for the upcoming quarter is $1.84, with projected revenues of $402.37 million, and for the current fiscal year, the estimate is $7.15 on $1.62 billion in revenues [7] Stock Performance - Huron Consulting shares have increased by approximately 8.9% since the beginning of the year, contrasting with a -6% decline in the S&P 500 [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Industry Outlook - The Consulting Services industry is ranked in the top 10% of over 250 Zacks industries, suggesting a favorable outlook for stocks within this sector [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]

Financial Data and Key Metrics Changes - Revenues before reimbursable expenses (RBR) grew 11% year-over-year to $395.7 million in Q1 2025 from $356 million in Q1 2024 [17] - Net income increased 36.3% to $24.5 million, or $1.33 per diluted share, compared to $18 million, or $0.95 per diluted share in the prior year [17] - Adjusted EBITDA was $41.5 million, representing 10.5% of RBR, compared to $33.8 million, or 9.5% of RBR in Q1 2024 [18] - Adjusted net income rose to $31.1 million, or $1.68 per diluted share, reflecting a 36.6% increase over the previous year [18] Business Line Data and Key Metrics Changes - Healthcare segment RBR grew 10% year-over-year to $198.5 million, accounting for 50% of total company RBR [19] - Education segment RBR increased 10% to $122.7 million, representing 31% of total company RBR [20] - Commercial segment RBR surged 17% to $74.5 million, driven by the acquisition of Axia and strong demand for digital offerings [22] Market Data and Key Metrics Changes - The healthcare segment continues to face financial pressures, with operating expenses outpacing reimbursements, leading to a focus on performance improvement offerings [6][8] - Education clients are navigating regulatory changes, with varying impacts based on institutional characteristics, leading to increased demand for advisory services [10][11] - Commercial clients are also experiencing pressures from a volatile macroeconomic environment, prompting them to seek Huron's expertise in navigating these challenges [12][13] Company Strategy and Development Direction - The company reaffirmed its annual guidance, indicating confidence in its growth strategy and ability to navigate external challenges [5][14] - Huron is focusing on expanding its digital capabilities and enhancing its advisory services across all segments to meet evolving client needs [12][13] - The company aims to maintain a balance between pro-cyclical and counter-cyclical offerings to ensure resilience in its business model [33] Management's Comments on Operating Environment and Future Outlook - Management expressed optimism about the company's performance despite a dynamic external environment, highlighting strong client relationships and industry expertise [4][5] - The company anticipates continued demand for its services as clients face increasing financial pressures and regulatory changes [6][8] - Management noted that the pipeline for commercial segment remains strong, with record levels of sales conversion in Q1 2025 [29] Other Important Information - The company divested its student education business at the end of 2024, which is reflected in the current financial results [15] - Cash flow used in operations was $106.8 million in Q1 2025, reflecting annual incentive payments, with a negative free cash flow of $115.4 million [24] - Total debt as of March 31, 2025, was $576.3 million, with a net debt of $552.9 million, reflecting an increase due to annual cash bonuses and share repurchases [25] Q&A Session Summary Question: Outlook for the commercial segment and any changes in growth expectations - Management confirmed no changes to segment-level guidance, noting record sales conversion driven by digital business [29][30] Question: Headcount growth and its alignment with revenue - Management expects headcount growth to align with revenue, particularly in the healthcare business, while utilization rates improved significantly in Q1 [35][36] Question: New business and billings trends in education and healthcare - Management reported no notable changes in new business or billings, with a normal operating environment observed [39][41] Question: Impact of policy changes on private universities - Management indicated ongoing relationships with private universities, with no dramatic effects from recent policy changes [43] Question: Trends in assessment activity for performance improvement projects - Management noted robust assessment activity driven by financial strain among clients, with no significant shift in fee structures [45][46] Question: Changes in project size and duration - Management observed an increase in average project size and complexity, reflecting client challenges and the integration of various capabilities [47][48]

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 (Exact name of registrant as specified in its charter) (State or other jurisdiction of incorporation or organization) Delaware 01-0666114 (IRS Employer Identification Number) 550 West Van Buren Street Chicago, Illinois 60607 OR ☐ TRANSITION REPORT PURSUANT TO SECTI ...