The Hackett Group, Inc. ($HCKT) 3Q20 Earnings Sneak Peek

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The Hackett Group, Inc. (NASDAQ:HCKT) is set to announce third quarter earning results on Monday 2nd November 2020, after market close.

Analysts surveyed by Thomson Reuters are predicting, HCKT to report 3Q20 income of $ 0.13 per share.

For the full year, analysts anticipate top line of $ 230.15 million, while looking forward to income of $ 0.61 per share bottom line.

The Company Outlook

Earnings for 3Q20 are anticipated in a range of $ 0.13 ~ $ 0.15 per share, while revenues are expected in a range of $ 52.00 million ~ $ 54.00 million

Click Here For More Historical Outlooks Of The Hackett Group, Inc.

Previous Quarter Performance

The Hackett Group, Inc. unveiled income for the second quarter of $ 0.06 per share, from the revenue of $ 52.75 million. The quarterly earnings decreased 78.57 percent compared with the same quarter last year. Street analysts expected The Hackett Group, Inc. to report income of $ 0.04 per share on revenue of $ 56.23 million for the second quarter. The bottom line results beat street analysts by $ 0.02 or 50.00 percent, at the same time, top line results fell short of analysts by $ 3.48 million or 6.19 percent.

Stock Performance

On Friday, shares of The Hackett Group, Inc. has traded high as $ 12.97 and has cracked $ 12.80 on the downward trend, reaching $ 12.92 with volume of 177.80 thousand shares.

According to the previous trading day, closing price of $ 12.92, representing a 35.05 % increase from the 52 week low of $ 9.50 and a 32.12 % decrease over the 52 week high of $ 18.90.

The company has a market capital of $ 388.39 million and is part of the Industrials sector and Business Services industry.

Recent Stock Dividend Announcement

On August 4, 2020, the board of directors authorized quarterly dividend of $ 0.095 per share to holders of record as of the close of business on September 25, 2020, with payment date of October 9, 2020 and ex-dividend date on September 24, 2020.

Conference Call

The Hackett Group, Inc. will be hosting a conference call at 5:00 PM eastern time on 2nd November 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.thehackettgroup.com

The Hackett Group, Inc. operates as a strategic advisory and technology consulting firm primarily in North America and European countries. Its executive advisory programs include best practice intelligence center, an online searchable repository of best practices, performance metrics, conference presentations, and associated research; best practice accelerators that provide Web-based access to best practices, customized software configuration tools, and best practice process flows; advisor inquiry, an inquiry service used by clients for access to fact-based advice on proven approaches and methods; best practice research, a research that provides insights into the proven approaches; and peer interaction comprising member-led Webcasts, annual best practice conferences, annual member forums, membership performance surveys, and client-submitted content.