Huron Consulting Group (HURN) shares are soaring 5% in Thursday's intraday trading session, following the release of its strong first-quarter 2025 financial results that surpassed analyst expectations. The consulting company's performance and growth prospects have caught investors' attention, driving the stock higher.

Huron reported a 14% year-over-year increase in revenue, reaching $404.1 million for Q1 2025. The company's net income jumped 36% to $24.5 million, with earnings per share (EPS) rising to $1.38, up from $0.99 in the same quarter last year. Notably, Huron's EPS beat analyst estimates by an impressive 19%, while revenue exceeded expectations by 1.6%. The company's profit margin also improved to 6.1%, up from 5.1% in Q1 2024, driven by higher revenue.

Looking ahead, Huron Consulting is well-positioned for continued growth. Analysts forecast the company's revenue to grow at a 7.5% annual rate over the next two years, outpacing the 7.0% growth projection for the US Professional Services industry. The company's strong financial performance, coupled with positive earnings estimate revisions, has led to a favorable Zacks Rank #2 (Buy) rating. Investors are taking note of Huron's impressive asset utilization ratio and sales growth prospects, which suggest efficient operations and potential for further market outperformance.