Recap: The Hackett Group Q1 Earnings

The Hackett Group HCKT reported its Q1 earnings results on Tuesday, May 10, 2022 at 04:05 PM.

Here's what investors need to know about the announcement.

The Hackett Group beat estimated earnings by 18.75%, reporting an EPS of $0.38 versus an estimate of $0.32.

Revenue was up $12.18 million from the same period last year.

Last quarter the company beat on EPS by $0.04 which was followed by a 7.03% increase in the share price the next day.

Here's a look at The Hackett Group's past performance:

Quarter	Q4 2021	Q3 2021	Q2 2021	Q1 2021
EPS Estimate	0.29	0.28	0.29	0.25
EPS Actual	0.33	0.32	0.39	0.27
Revenue Estimate	65.72M	67.03M	65.28M	61.85M
Revenue Actual	70.23M	71.89M	73.20M	63.49M

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

The Hackett Group management provided guidance for Q2 2022, expecting earnings between $0.33 and $0.35 per share.

To track all earnings releases for The Hackett Group visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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