Hackett Group: Fourth Quarter Earnings Overview

Hackett Group Announces Fourth Quarter Financial Results

The Hackett Group Inc., headquartered in Miami, revealed a net profit of $5.6 million for the fourth quarter, according to a report released on Tuesday.

The company’s earnings amounted to $0.21 per share. After adjusting for non-recurring items, adjusted earnings reached $0.40 per share.

These adjusted earnings surpassed analysts’ expectations. According to Zacks Investment Research, the consensus forecast among three analysts was $0.39 per share.

During the quarter, the consulting firm generated $75.8 million in revenue, with adjusted revenue totaling $74.8 million.

For the full year, Hackett Group posted a net income of $12.9 million, or $0.46 per share, on total revenue of $300.8 million.

Outlook for the Next Quarter

Looking ahead to the quarter ending in March, the company anticipates earnings per share to fall between $0.34 and $0.36.

Projected revenue for the fiscal first quarter is expected to range from $70.5 million to $72 million.