Navigant Raises 2016 Revenue, Earnings Guidance - Quick Facts

(RTTNews) - Navigant (NCI) announced the company's adjusted EPS for full year 2016 is now estimated to be between $1.15 and $1.25, an increase of $0.10 from the previous guidance range. Adjusted EBITDA is now expected to range between $137.5 and $145.0 million, which is the upper half of the previously-issued guidance range.

Navigant increased the range for 2016 total revenues to $1.00 and $1.02 billion, up from $960 million to $1.01 billion. Full year 2016 RBR is now expected to range between $920.0 and $940.0 million, which is the upper half of the previously-issued guidance range.

Third-quarter adjusted EPS was $0.37, up 23% compared to third quarter 2015. Third quarter 2016 adjusted EBITDA was $39.8 million, a 26% increase, compared to $31.6 million for the same period in 2015.

Third-quarter total revenues increased 14% to $261.4 million compared to $230.3 million for third quarter 2015. Navigant reported third quarter 2016 RBR of $237.1 million, a 13% increase (10% organic growth), compared to $209.6 million for third quarter 2015.