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CTPartners Upgrades Q2 Guidance

July 13 2012

CTPartners Executive Search Inc. (AMEX: CTP), an executive search firm, now estimates it will report second-quarter diluted earnings per share of seven cents, up from the previous guidance of between one cent and six cents. It is estimating second-quarter revenue of $33.5 million to $34 million, up from the previous guidance of $31 million to $33 million.

However, the company narrowed full-year guidance to diluted earnings per share of 15 cents to 30 cents with revenue between $128 million and $132 million. It previously estimated full-year revenue of between $125 million and $140 million.

The company will report second-quarter results on Aug. 9 after close of market.

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