Horizon Technology Finance Corp expected to post earnings of 44 cents a share - Earnings Preview

Horizon Technology Finance

23/02/2024 21:03

* Horizon Technology Finance Corp  HRZN.OQ   HRZN.O  is
expected
to show a rise in quarterly revenue when it reports  results on
February 27 for the period ending December 31 2023
    * The Farmington Connecticut-based  company is expected to
report
a 20.3% increase in revenue to $27.846 million from $23.15
million a year ago, according to the mean estimate from 6
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 44 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 $11.00​, below​ its last closing
price of $13.14. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.42        0.41       0.53      Beat    28.5
 Jun. 30 2023  0.42        0.41       0.54      Beat    32.1
 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.        0.35        0.35       0.43      Beat    22.4
 30 2022                                                
 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. 31 2021  0.36        0.36       0.39      Beat    9.1
 This summary was machine generated February 23 at 21:02 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)