Huron Consulting Group (HURN) saw its stock price plummet 6.22% in pre-market trading on Wednesday following the company's first-quarter 2025 earnings call. Despite reporting an 11.2% year-over-year increase in revenues before reimbursable expenses (RBR) to $395.7 million, investors appeared to react negatively to certain aspects of the company's performance and outlook.

During the earnings call, Huron's management reaffirmed its annual guidance without any upward revisions, which may have disappointed some investors hoping for improved projections. The company also highlighted challenges in its Commercial segment, particularly in strategy-related services, citing disruptions in the current macroeconomic environment. Additionally, Huron noted a dynamic external environment and potential regulatory impacts affecting its clients across various sectors, which could create uncertainty about future demand for its services.

While Huron reported strong growth in its Healthcare and Education segments, the company's flat sequential headcount growth for revenue-generating professionals may have raised concerns about its capacity to meet future demand. Despite these challenges, Huron's management expressed confidence in its ability to navigate the complex market conditions and emphasized the company's diverse portfolio of offerings as a strength in addressing client needs across different economic cycles.