Will Huron Consulting (HURN) Beat Estimates Again in Its Next Earnings Report?

Core Insights - Huron Consulting (HURN) has a strong history of exceeding earnings estimates, particularly in the last two quarters, with an average surprise of 27.42% [1] - The company reported earnings of $1.68 per share in the last quarter, surpassing the Zacks Consensus Estimate of $1.46 per share by 15.07% [1] - In the previous quarter, Huron Consulting's earnings were $1.23 per share against an expectation of $0.88 per share, resulting in a surprise of 39.77% [1] Earnings Estimates - Recent changes in earnings estimates for Huron Consulting have been favorable, with a positive Zacks Earnings ESP (Expected Surprise Prediction) indicating potential for another earnings beat [2] - Stocks with a positive Earnings ESP and a Zacks Rank of 3 (Hold) or better have a nearly 70% chance of producing a positive surprise [2] Earnings ESP Analysis - Huron Consulting currently has an Earnings ESP of +0.95%, indicating increased analyst optimism regarding its near-term earnings potential [3] - The next earnings report for Huron Consulting is anticipated to be released on October 29, 2024 [3] Importance of Earnings ESP - Many companies beat consensus EPS estimates, but this is not the sole reason for share price gains; some stocks may remain stable even if they miss estimates [4] - Checking a company's Earnings ESP prior to quarterly releases is crucial for improving investment success [4]