Harbor Custom Development Inc reports results for the quarter ended in June - Earnings Summary

Harbor Custom Development

15/08/2022 15:25

* Harbor Custom Development Inc  HCDI.OQ  reported a
quarterly
adjusted loss of 46 cents​​ per share for the quarter ended in
June. The mean expectation of two analysts for the quarter was
for earnings of one cent per share.
    * Revenue was $10.29 million​; analysts expected $34.05
million. 
    * Harbor Custom Development Inc's reported EPS for the
quarter was
a loss of 46 cents​.
    * The mean earnings estimate of analysts had risen by
about 200%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Harbor Custom Development Inc shares had held steady so
far this
quarter and lost 47.1% so far this year.
    * The company reported a quarterly loss of $6.45 million.
    * Wall Street's median 12-month price target for Harbor
Custom
Development Inc is $8.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data August 15
at 02:25 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.01           -0.46          Missed
 Mar. 31 2022      -0.01          -0.03          Missed
 Dec. 31 2021      0.13           0.15           Beat