Heritage Global Inc reports results for the quarter ended June 30 - Earnings Summary

Heritage Global

13/08/2026 22:01

Heritage Global Inc HGBL.OQ reported a quarterly adjusted loss of 46 cents​​ per share for the quarter ended June 30, lower than the same quarter last year, when the company reported EPS of 5 cents.  The mean expectation of four analysts for the quarter was for earnings of 3 cents per share. Wall Street expected results to range from 2 cents to 5 cents per share.
Revenue fell 14.3% to $12.27 million from a year ago; analysts expected $13.29 million. 
Heritage Global Inc's reported EPS for the quarter was a loss of 46 cents​.
The company reported a quarterly loss of $15.88 million.
Heritage Global Inc shares had fallen by 11.6% this quarter and lost 13.7% so far this year.
FORECAST CHANGES
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.
RECOMMENDATIONS
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 4 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the investment management & fund operators peer group is also "buy" 
Wall Street's median 12-month price target for Heritage Global Inc is $3.15, about 66% above its last closing price of $1.07
This summary was machine generated from LSEG data August 13 at 09:01 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)
QUARTER ENDING
ESTIMATE 
ACTUAL
BEAT, MET, MISSED
Jun. 30 2026 
0.03
-0.46
Missed
Mar. 31 2026 
0.02
0.02
Met
Dec. 31 2025 
0.03
0.00
Missed
Sep. 30 2025 
0.04
0.02
Missed