Navigant Consulting Inc. Announces 13% Drop In Q3 Profit

(RTTNews) - Navigant Consulting Inc. (NCI) reported a profit for third quarter that decreased compared to the same period last year.

The company said its bottom line came in at $14.18 million, or $0.29 per share. This was down from $16.26 million, or $0.33 per share, in last year's third quarter.

Analysts had expected the company to earn $0.25 per share, according figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company said revenue for the quarter rose 2.0% to $209.63 million. This was up from $205.53 million last year.

Navigant Consulting Inc. earnings at a glance:

-Earnings (Q3): $14.18 Mln. vs. $16.26 Mln. last year. -Earnings Decline (Y-o-Y): -12.8% -EPS (Q3): $0.29 vs. $0.33 last year. -EPS Decline (Y-o-Y): -12.1% -Analysts Estimate: $0.25 -Revenue (Q3): $209.63 Mln vs. $205.53 Mln last year. -Revenue Change (Y-o-Y): 2.0%

-Guidance: Full year EPS guidance: $0.96 to $1.01 Full year revenue guidance: $907.5 Mln-$922.5 Ml