Heritage Global Inc expected to post earnings of 5 cents a share - Earnings Preview

Heritage Global

11/03/2025 20:11

Heritage Global Inc HGBL.OQ HGBL.O is expected to show a fall in quarterly revenue when it reports  results on March 13 for the period ending December 31 2024

The San Diego California-based  company is expected to report a 19.5% decrease in revenue to $12.296 million from $15.28 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Heritage Global Inc is for earnings of 5 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 $4.50​, above​ its last closing price of $2.00. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
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
Dec. 31 2022
0.04
0.04
0.08
Beat
100

This summary was machine generated March 11 at 20:11 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)