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Dec 31, 2024
Huron Q4 2024 Earnings Report
Huron Consulting Group Inc. announced record fourth quarter 2024 financial results, with significant increases in revenues, net income, and adjusted EBITDA.
Key Takeaways
Huron Consulting Group Inc. reported record revenues before reimbursable expenses of $388.4 million in Q4 2024, a 14.5% increase from the prior year. Net income surged to $34.0 million, up from $2.8 million in Q4 2023, and diluted EPS reached $1.84. Adjusted EBITDA also saw a substantial increase to $56.8 million.
Revenues before reimbursable expenses increased by 14.5% to a record $388.4 million in Q4 2024.
Net income significantly increased to $34.0 million in Q4 2024, compared to $2.8 million in Q4 2023.
Diluted earnings per share rose to $1.84 in Q4 2024, up from $0.15 in Q4 2023.
Adjusted EBITDA increased by 37.3% to $56.8 million in Q4 2024.
Revenue by Segment
Forward Guidance
Huron provides full year 2025 guidance, anticipating revenues before reimbursable expenses in the range of $1.58 billion to $1.66 billion, adjusted EBITDA as a percentage of revenues before reimbursable expenses in the range of 14.0% to 14.5%, and adjusted diluted earnings per share in the range of $6.80 to $7.60.
Positive Outlook
- Anticipated revenue growth for full year 2025.
- Expected strong adjusted EBITDA as a percentage of revenues.
- Projected increase in adjusted diluted earnings per share.
- Continued focus on accelerating growth in healthcare and education industries.
- Expanding presence in commercial industries.
Challenges Ahead
- Guidance is based on currently available information and subject to market conditions.
- Potential for fluctuations in utilization rates and billing rates.
- Dependence on new business and retention of current clients.
Revenue & Expenses
Visualization of income flow from segment revenue to net income
Historical Earnings Impact
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Avg. Return Before/After Earnings
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