Horizon Technology Finance Corp expected to post earnings of 41  cents a share - Earnings Preview

Horizon Technology Finance

29/07/2023 03:01

* Horizon Technology Finance Corp  HRZN.OQ   HRZN.O  is
expected
to show a rise in quarterly revenue when it reports  results on
August 1. 
    * The Farmington Connecticut-based  company is expected to
report 
a 43.0% increase in revenue to $26.583 million from $18.59
million a year ago, according to the mean estimate from 6
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Horizon Technology
Finance Corp is for earnings of 41 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 was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Horizon
Technology Finance Corp is $11.88​, below​ its last closing
price of $13.10. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.41        0.40       0.46      Beat    15.7
 Dec. 31 2023  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.        0.30        0.30       0.26      Missed  -11.9
 31 2022                                                
 Dec. 31 2021  0.36        0.36       0.39      Beat    9.1​
 Sep. 30 2021  0.32        0.33       0.39      Beat    19.6
 Jun. 30 2021  0.30        0.30       0.31      Beat    4
 This summary was machine generated July 29 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated