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

HireRight Holdings

09/08/2023 03:59

* HireRight Holdings Corp  HRT.N  reported quarterly
adjusted
earnings of 34 cents​​ per share for the quarter ended in June.
The mean expectation of ten analysts for the quarter was
for earnings of 35 cents per share.
    * Revenue fell 13.6% to $192.12 million from a year ago;
analysts
expected $189.80 million. 
    * HireRight Holdings Corp's reported EPS for the quarter was
3
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * HireRight Holdings Corp shares had fallen by 7.6% this
quarter and lost 11.9% so far this year.
    * The company reported quarterly net income of $2.51
million.
    * Wall Street's median 12-month price target for HireRight
Holdings Corp is $12.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
August 9 at 02:59 a.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.35           0.34           Missed
 Mar. 31 2023      0.27           0.18           Missed
 Dec. 31 2022      0.21           0.34           Beat
 Sep. 30 2022      0.46           1.40           Beat