10.23%SPY 127.82 0.19%FRE 3.16 
2.77%
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LINCOLNSHIRE, Ill. - Hewitt Associates Inc.'s profit more than tripled in the fiscal second quarter as the outsourcer and consultant bought other companies and added new clients, the company said Monday.
| HEW | 40.05 |  0.04 |
Hewitt Associates earned $44.5 million, or 43 cents per share, in the three months ended March 31, compared with profit of $13 million, or 12 cents per share, in the fiscal second quarter last year.
Operating income, which excludes certain unusual costs, was 37 cents per share.
Analysts polled by Thomson Financial forecast profit of 38 cents per share in the second quarter.
Revenue climbed 8 percent to $789.5 million from $733.8 million. Analysts expected revenue of $753 million.
The benefits outsourcing division's revenue jumped 7 percent to $383.9 million and the human resources outsourcing segment's revenue rose 7 percent because of new clients and projects.
The consulting segment's revenue leaped 11 percent to $260.6 million.
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