Heritage Global Inc HGBL.OQ HGBL.O is expected to show a fall in quarterly revenue when it reports results on May 8 for the period ending March 31 2025
The San Diego California-based company is expected to report a 2.1% decrease in revenue to $11.907 million from $12.16 million a year ago, according to the mean estimate from 3 analysts, based on LSEG data.
LSEG's mean analyst estimate for Heritage Global Inc is for earnings of 4 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell."
The mean earnings estimate of analysts was unchanged in the last three months.
Wall Street's median 12-month price target for Heritage Global Inc is $3.60, above its last closing price of $1.99.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.05
-0.01
Missed
-121.4
Sep. 30 2024
0.06
0.06
0.03
Missed
-50
Jun. 30 2024
0.06
0.07
0.07
Met
0
Mar. 31 2024
0.05
0.06
0.05
Missed
-21
Dec. 31 2023
0.07
0.13
Beat
95
Sep. 30 2023
0.07
0.07
0.05
Missed
-28.6
Jun. 30 2023
0.08
0.07
0.07
Met
5
Mar. 31 2023
0.05
0.05
0.08
Beat
60
This summary was machine generated May 6 at 22:44 GMT. All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)