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Hackett Group Q1 EPS Gain Short of Analyst Consensus Amid Revenue Drop; Sets Q2 Outlook

05/11/2021 12:28

04:24 PM EDT, 05/11/2021 (MT Newswires) -- The Hackett Group (HCKT) late Tuesday reported Q1 earnings of $0.19 per diluted share, up from $0.17 per share a year earlier but lower than the $0.25 average analyst EPS estimate in a Capital IQ poll.

Revenue from continuing operations for the quarter ended April 2 slipped to $63.5 million from $69.5 million a year ago.

For Q2, the technology consultancy said it expects net revenue of $64.5 million to $66.5 million and pro forma diluted earnings of $0.28 to $0.30 per share.

The company kept its quarterly dividend at $0.10 per share, payable July 9 to shareholders of record on June 25.

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