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

Heritage Global

09/08/2022 03:01

* Heritage Global Inc  HGBL.OQ   HGBL.O  is expected to show
a
rise in quarterly revenue when it reports  results on August
10. 
    * The San Diego California-based  company is expected to
report  a
71.3% increase in revenue to $8.869 million from $5.18 million a
year ago, according to the mean estimate from 2 analysts, based
on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Heritage Global Inc
is
for earnings of 5 cents per share. For the same quarter last
year, the company reported earnings of 2 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "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 $3.75​, above​ its last closing price of $1.75. ​​​

This summary was machine generated August 9 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated