Heritage Global Inc reports results for the quarter ended in December - Earnings Summary

Heritage Global

17/03/2022 22:47

* Heritage Global Inc  HGBL.OQ  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in
December. The mean expectation of two analysts for the quarter
was for earnings of 5 cents per share.
    * Revenue fell 9.7% to $7.52 million from a year ago; 
analysts
expected $7.09 million. 
    * Heritage Global Inc's reported EPS for the quarter was 3
cents​.
    * The mean earnings estimate of analysts was unchanged in
the last
three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Heritage Global Inc shares had fallen by 26.7% this
quarter.
    * The company reported quarterly net income of $960
thousand.
    * 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." 

This summary was machine generated March 17 at 10:47 p.m.  ​All
figures in US dollars unless otherwise stated