Heritage Global Inc expected to post earnings of 4 cents a share - Earnings Preview

Heritage Global

11/08/2021 24:38

* Heritage Global Inc  HGBL.OQ   HGBL.O  is expected to show a
rise in quarterly revenue when it reports results on August 12. 
* The San Diego, California-based company is expected to report 
 a 12.3% increase in revenue to $6.867 million from $6.12
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Heritage Global Inc is
for earnings of 4 cents per share. For the same quarter last
year, the company reported earnings of 7 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 3 "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 $5​, about 57.8% above​ its last closing price
of $2.11. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.04        0.04       0.03      Missed  -18.2
 Dec. 31 2020  0.08        0.08       0.17      Beat    112.5
 Sep. 30 2020  0.04        0.04       0.04      Met     0​
 Jun. 30 2020  0.01        0.01       0.07      Beat    600
 ​​            ​                                        ​
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 This summary was machine generated August 10 at 23:38 GMT.  All
figures in US dollars unless otherwise stated