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

Heritage Global

14/05/2021 02:45

* Heritage Global Inc  HGBL.OQ  reported quarterly adjusted
earnings of 3 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 4 cents per share.
* Revenue was $7.10 million​;  analysts expected $6.48 million. 
* Heritage Global Inc's reported EPS for the quarter was 3
cents​.
* The mean earnings estimate of analysts had fallen by
about 26.7% 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 risen by 6.3% this quarter and
gained 13.9% so far this year.
* The company reported quarterly net income of $1.03 million.
* Wall Street's median 12-month price target for Heritage Global
Inc is $5.00 
* 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." 
This summary was machine generated May 14 at 01:45 a.m. GMT.
​All figures in US dollars