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

Heritage Global

10/11/2021 22:56

* Heritage Global Inc  HGBL.OQ  reported quarterly adjusted
earnings of 1 cents​​ per share for the quarter ended in
September. The mean expectation of three analysts for the
quarter was for earnings of 6 cents per share.
* Revenue fell 20.8% to $5.99 million from a year ago;  analysts
expected $7.29 million. 
* Heritage Global Inc's reported EPS for the quarter was 1
cents​.
* The mean earnings estimate of analysts had risen by about 10%
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 4.1% this quarter and
lost 29.3% so far this year.
* The company reported quarterly net income of $474 thousand.
* Wall Street's median 12-month price target for Heritage Global
Inc is $5.50 
* 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 November 10 at 10:56 p.m.
 ​All figures in US dollars unless otherwise stated