Horizon Technology Finance Corp reports results for the quarter ended in December - Earnings Summary

Horizon Technology Finance

01/03/2023 06:17

* Horizon Technology Finance Corp  HRZN.OQ  reported
quarterly
adjusted earnings of 40 cents​​ per share for the quarter ended
in December. The mean expectation of seven analysts for the
quarter was for earnings of 39 cents per share.
    * Revenue rose 57.3% to $23.15 million from a year ago;
analysts
expected $23.06 million. 
    * Horizon Technology Finance Corp's reported EPS for the
quarter
was 15 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.1%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Horizon Technology Finance Corp shares had risen by 6.7%
this
quarter.
    * The company reported quarterly net income of $4.02
million.
    * Wall Street's median 12-month price target for Horizon
Technology Finance Corp is $12.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from Refinitiv data March 1
at 06:17 a.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.39           0.40           Beat
 Sep. 30 2022      0.35           0.43           Beat
 Jun. 30 2022      0.34           0.35           Beat
 Mar. 31 2022      0.30           0.26           Missed