HireRight Holdings Corp reports results for the quarter ended in December - Earnings Summary

HireRight Holdings

12/03/2024 13:23

* HireRight Holdings Corp  HRT.N  reported quarterly
adjusted
earnings of 23 cents​​ per share for the quarter ended in
December, lower than the same quarter last year, when the
company reported EPS of 34 cents.  The mean expectation of
ten analysts for the quarter was for earnings of 20 cents per
share. Wall Street expected results to range from 18 cents to 25
cents per share.
    * Revenue fell 5.3% to $166.04 million from a year ago;
analysts
expected $169.45 million. 
    * HireRight Holdings Corp's reported EPS for the quarter was
a
loss of 7 cents​.
    * The company reported a quarterly loss of $4.51 million.
    * HireRight Holdings Corp shares had risen by 5.3% this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1.1%
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 "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 8
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the business
support
services peer group is also "hold"

Wall Street's median 12-month price target for HireRight
Holdings Corp is $13.00 
This summary was machine generated from LSEG data March 12 at
01:22 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
 Dec. 31 2023      0.20           0.23           Beat
 Sep. 30 2023      0.34           0.36           Beat
 Jun. 30 2023      0.35           0.34           Missed
 Mar. 31 2023      0.27           0.18           Missed