7.15%MS 14.86 53.51%BAC 22.41 7.38%
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LINCOLNSHIRE, Ill. - After reporting profit tripled in the fiscal second quarter, Hewitt Associates Inc. on Monday issued a profit forecast for 2008 topping analysts' expectations.
| HEW | 29.71 |  -1.04 |
The consultant and outsourcer expects to earn $1.85 per share to $1.95 per share this year, higher than its previous forecast for profit of $1.70 per share to $1.80 per share. Analysts on average expect a profit of $1.89 per share, according to Thomson Financial.
The company also expects "mid-to-high-single-digit" revenue growth. Analysts' forecast for revenue implies growth of 6 percent.
NAME: Neel Kashkari AGE: 35
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