Horizon Technology Finance Corp expected to post earnings of 35 cents a share - Earnings Preview

Horizon Technology Finance

27/10/2024 14:49

* Horizon Technology Finance Corp  HRZN.OQ   HRZN.O  is
expected
to show a fall in quarterly revenue when it reports  results on
October 29 for the period ending September 30 2024
    * The Farmington Connecticut-based  company is expected to
report
a 12.5% decrease in revenue to $25.49 million from $29.14
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (SAL is based on Total Investment
Income)
    * ​LSEG's mean analyst estimate for Horizon Technology
Finance
Corp is for earnings of 35 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and 3 "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Horizon
Technology Finance Corp is $9.00​, below​ its last closing price
of $10.07. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.37        0.36       0.36      Met     -0.3
 Mar. 31 2024  0.40        0.38       0.38      Met     -1.1
 Dec. 31 2023  0.47        0.44       0.45      Beat    2​
 Sep. 30 2023  0.42        0.41       0.53      Beat    28.5
 ​​Jun.        0.42        0.41       0.54      Beat    32.1
 30 2023                                                
 Mar. 31 2023  0.41        0.40       0.46      Beat    15.7​
 Dec. 31 2022  0.40        0.39       0.40      Beat    2.2
 Sep. 30 2022  0.35        0.35       0.43      Beat    22.4
 This summary was machine generated October 27 at 14:49 GMT.  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)