Huron Consulting Group (Nasdaq: HURN) reported earnings on July 30. Here are the numbers you need to know.

The 10-second takeaway
 For the quarter ended June 30 (Q2), Huron Consulting Group beat slightly on revenues and crushed expectations on earnings per share.

Compared to the prior-year quarter, revenue grew significantly. Non-GAAP earnings per share grew significantly. GAAP earnings per share increased significantly.

Margins expanded across the board.

Revenue details
 Huron Consulting Group recorded revenue of $170.4 million. The seven analysts polled by S&P Capital IQ foresaw revenue of $167.5 million on the same basis. GAAP reported sales were 30% higher than the prior-year quarter's $144.7 million.

Source: S&P Capital IQ. Quarterly periods. Dollar amounts in millions. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

EPS details
 EPS came in at $0.75. The seven earnings estimates compiled by S&P Capital IQ predicted $0.61 per share. Non-GAAP EPS of $0.75 for Q2 were 103% higher than the prior-year quarter's $0.37 per share. (The prior-year quarter included $0.01 per share in earnings from discontinued operations.) GAAP EPS of $0.69 for Q2 were 138% higher than the prior-year quarter's $0.29 per share. (The prior-year quarter included $0.01 per share in earnings from discontinued operations.)

Source: S&P Capital IQ. Quarterly periods. Non-GAAP figures are normalized by S&P Capital IQ and may vary to maintain comparability with normalized estimates.

Margin details
 For the quarter, gross margin was 45.1%, 860 basis points better than the prior-year quarter. Operating margin was 16.5%, 520 basis points better than the prior-year quarter. Net margin was 8.4%, 390 basis points better than the prior-year quarter. (Margins calculated in GAAP terms.)

Looking ahead
 Next quarter's average estimate for revenue is $171.4 million. On the bottom line, the average EPS estimate is $0.71.

Next year's average estimate for revenue is $681.8 million. The average EPS estimate is $2.64.

Investor sentiment
 The stock has a three-star rating (out of five) at Motley Fool CAPS, with 212 members out of 233 rating the stock outperform, and 21 members rating it underperform. Among 57 CAPS All-Star picks (recommendations by the highest-ranked CAPS members), 53 give Huron Consulting Group a green thumbs-up, and four give it a red thumbs-down.

Of Wall Street recommendations tracked by S&P Capital IQ, the average opinion on Huron Consulting Group is buy, with an average price target of $50.00.

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