Hirequest Inc reports results for the quarter ended September 30 - Earnings Summary

Hirequest

09/11/2024 12:27

* Hirequest Inc  HQI.OQ  reported quarterly adjusted
earnings of
27 cents​​ per share for the quarter ended September 30, higher
than the same quarter last year, when the company reported EPS
of 13 cents.  The mean expectation of two analysts for the
quarter was for earnings of 16 cents per share. 
    * Revenue rose 1.6% to $9.42 million from a year ago;
analysts
expected $8.95 million. 
    * Hirequest Inc's reported EPS for the quarter was a loss
of 16
cents​.
    * The company reported a quarterly loss of $2.21 million.
    * Hirequest Inc shares had fallen by 2.0% this quarter and
lost 9.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 3.2%
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
"strong buy"
and the breakdown of recommendations is 2 "strong buy" or
"buy," no "hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the employment
services
peer group is  "buy."

Wall Street's median 12-month price target for Hirequest Inc is
$18.50 
This summary was machine generated from LSEG data November 9 at
12:27 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
 Sep. 30 2024      0.16           0.27           Beat
 Jun. 30 2024      0.13           0.15           Beat
 Mar. 31 2024      0.10           0.12           Beat
 Dec. 31 2023      -0.06          0.02           Beat