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

Heritage Global

10/05/2023 03:00

* Heritage Global Inc  HGBL.OQ   HGBL.O  is expected to show
a
rise in quarterly revenue when it reports  results on May 11. 
    * The San Diego California-based  company is expected to
report  a
36.0% increase in revenue to $12.724 million from $9.36 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. 
    * 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 $4.5​, above​ its last closing price of $2.83. ​​​

This summary was machine generated May 10 at 02:00 GMT.  All
figures in US dollars  unless otherwise stated