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

HireRight Holdings

09/05/2023 23:05

* HireRight Holdings Corp  HRT.N  reported quarterly
adjusted
earnings of 18 cents​​ per share for the quarter ended in March.
The mean expectation of ten analysts for the quarter was
for earnings of 27 cents per share.
    * Revenue fell 11.7% to $175.45 million from a year ago;
analysts
expected $172.40 million. 
    * HireRight Holdings Corp's reported EPS for the quarter was
a
loss of 10 cents​.
    * The mean earnings estimate of analysts had risen by
about 6.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * HireRight Holdings Corp shares had fallen by 5.3% this
quarter and lost 15.3% so far this year.
    * The company reported a quarterly loss of $7.91 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 May
9 at 10:05 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 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
 Jun. 30 2022      0.35           0.54           Beat