Navigant Q2 Profit Rises - Quick Facts

(RTTNews) - Navigant (NCI) repored second-quarter net income of $14.0 million or $0.27 per share, compared to $9.6 million or $0.18 per share, last year. Adjusted EPS were $0.31 for second quarter 2013.

On average, six analysts polled by Thomson Reuters expected the company to report profit per share of $0.24 for the quarter. Analysts' estimates typically exclude special items.

Revenues before reimbursements were $189.7 million, compared to $181.5 million for second quarter 2012, a 5% increase. Total revenues were $213.1 million compared to $204.6 million last year, an increase of 4%. Analysts expected revenue of $207.25 million for the quarter.

Navigant narrowed its full year 2013 outlook within its original guidance range. Full year 2013 Revenues before reimbursements is expected to range between $740 and $770 million while total 2013 revenues are estimated to be between $820 and $850 million. Adjusted EPS is estimated to be between $0.95 and $1.05. Analysts expect the company to report fiscal year profit per share of $1.04 on revenue of $849.88 million.