Heritage Global Inc expected to post earnings of 7  cents a share - Earnings Preview

Heritage Global

09/08/2023 02:22

* 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
27.4% increase in revenue to $14.092 million from $11.07 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 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​, above​ its last closing price of $3.74. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.05        0.05       0.08      Beat    60
 Dec. 31 2023  0.04        0.04       0.08      Beat    100
 Sep. 30 2022  0.03        0.04       0.06      Beat    71.4​
 Jun. 30 2022  0.06        0.05       0.07      Beat    40
 ​​Mar.        0.03        0.03       0.02      Missed  -33.3
 31 2022                                                
 Dec. 31 2021              0.05       0.03      Missed  -40​
 Sep. 30 2021  0.05        0.06       0.01      Missed  -81.8
 Jun. 30 2021  0.04        0.04       0.02      Missed  -53.8
 This summary was machine generated August 9 at 01:22 GMT.  All
figures in US dollars  unless otherwise stated