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Hewitt Affirms 2008 Earnings Outlook

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By AP
05 February 2008 @ 08:54 am EST

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LINCOLNSHIRE, Ill. - Human resources services firm Hewitt Associates Inc. on Tuesday reaffirmed its fiscal 2008 earnings outlook.

Quotes

HEW

40.12

0.33

Hewitt expects to earn between $1.70 and $1.80 per share for the year ending Sept. 30.

The outlook includes a reduction in earnings of about 6 cents per share tied to the sale of Cyborg, a payroll and human resources software services organization.

Analysts polled by Thomson Financial, on average, forecast earnings of $1.73 per share for the year.

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