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

Horizon Technology Finance

02/05/2023 23:34

* Horizon Technology Finance Corp  HRZN.OQ  reported
quarterly
adjusted earnings of 46 cents​​ per share for the quarter ended
in March. The mean expectation of eight analysts for the quarter
was for earnings of 40 cents per share.
    * Revenue rose 97.4% to $28.04 million from a year ago;
analysts
expected $25.79 million. 
    * Horizon Technology Finance Corp's reported EPS for the
quarter
was 19 cents​.
    * The mean earnings estimate of analysts had risen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company. 
    * Horizon Technology Finance Corp shares had risen by 4.2%
this
quarter and gained 1.3% so far this year.
    * The company reported quarterly net income of $5.31
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 2 "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data May
2 at 10:34 p.m. UTC. ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.40           0.46           Beat
 Dec. 31 2022      0.39           0.40           Beat
 Sep. 30 2022      0.35           0.43           Beat
 Jun. 30 2022      0.34           0.35           Beat