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

Horizon Technology Finance

01/11/2022 22:06

* Horizon Technology Finance Corp  HRZN.OQ  reported
quarterly
adjusted earnings of 43 cents​​ per share for the quarter ended
in September. The mean expectation of seven analysts for the
quarter was for earnings of 35 cents per share.
    * Revenue fell 21.3% to $12.89 million from a year ago;
analysts
expected $19.53 million. 
    * Horizon Technology Finance Corp's reported EPS for the
quarter
was 23 cents​.
    * The mean earnings estimate of analysts had fallen by
about 3.1%
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 15.7%
this
quarter and lost 27.3% so far this year.
    * The company reported quarterly net income of $5.99
million.
    * Wall Street's median 12-month price target for Horizon
Technology Finance Corp is $11.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data November
1 at 10:06 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.35           0.43           Beat
 Jun. 30 2022      0.34           0.35           Beat
 Mar. 31 2022      0.30           0.26           Missed
 Dec. 31 2021      0.36           0.39           Beat