Horizon Technology Finance Corp expected to post earnings of 40  cents a share - Earnings Preview

Horizon Technology Finance

29/04/2023 03:03

* Horizon Technology Finance Corp  HRZN.OQ   HRZN.O  is
expected
to show a rise in quarterly revenue when it reports  results on
May 2. 
    * The Farmington Connecticut-based  company is expected to
report 
a 81.6% increase in revenue to $25.794 million from $14.2
million a year ago, according to the mean estimate from 5
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Horizon Technology
Finance Corp is for earnings of 40 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell."  
    * The mean earnings estimate of analysts had fallen by
about 0.4%
in the last three months. ​
    * Wall Street's median 12-month price target for Horizon
Technology Finance Corp is $12​, above​ its last closing price
of $11.87. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.40        0.39       0.40      Beat    2.2
 Sep. 30 2022  0.35        0.35       0.43      Beat    22.4
 Jun. 30 2022  0.34        0.34       0.35      Beat    3.7​
 Mar. 31 2022  0.30        0.30       0.26      Missed  -11.9
 ​​Dec.        0.36        0.36       0.39      Beat    9.1
 31 2021                                                
 Sep. 30 2021  0.32        0.33       0.39      Beat    19.6​
 Jun. 30 2021  0.30        0.30       0.31      Beat    4
 Mar. 31 2021  0.27        0.28       0.31      Beat    10.7
 This summary was machine generated April 29 at 02:03 GMT.  All
figures in US dollars  unless otherwise stated