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

Harbor Custom Development

14/08/2023 16:21

* Harbor Custom Development Inc  HCDI.OQ  reported a
quarterly
adjusted loss of $3.79​​ per share for the quarter ended in
June. The lone analyst forecast for the quarter was for earnings
of 7 cents per share.
    * Revenue rose 92.9% to $19.85 million from a year ago;
analysts
expected $34.40 million. 
    * Harbor Custom Development Inc's reported EPS for the
quarter was
a loss of $3.79​.
    * The mean earnings estimate of analysts had risen by
about 103.1%
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 fallen by 31.6%
this
quarter and lost 72.1% so far this year.
    * Wall Street's median 12-month price target for Harbor
Custom
Development Inc is $12.00 

This summary was machine generated from LSEG Refinitiv data
August 14 at 03:21 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.07           -3.79          Missed
 Mar. 31 2023      -5.46          -9.39          Missed
 Dec. 31 2022      -3.40          -18.09         Missed
 Sep. 30 2022      4.20           -7.40          Missed