Horizon Technology Finance Corp reports results for the quarter ended March 31 - Earnings Summary

Horizon Technology Finance

29/04/2025 22:50

Horizon Technology Finance Corp HRZN.OQ reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended March 31, lower than the same quarter last year, when the company reported EPS of 38 cents.  The mean expectation of eight analysts for the quarter was for earnings of 33 cents per share. Wall Street expected results to range from 31 cents to 33 cents per share.

Revenue fell 6.2% to $24.52 million from a year ago; analysts expected $26.55 million.

Horizon Technology Finance Corp's reported EPS for the quarter was a loss of 53 cents​.

The company reported a quarterly loss of $21.44 million.

Horizon Technology Finance Corp shares had fallen by 6.8% this quarter and lost 2.3% so far this year.

FORECAST CHANGES

The mean earnings estimate of analysts had risen by about 6.5% in the last three months.​

In the last 30 days, there have been no negative revisions of earnings estimates

RECOMMENDATIONS

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 5 "hold" and 2 "sell" or "strong sell." The average consensus recommendation for the closed end funds peer group is also "hold"

Wall Street's median 12-month price target for Horizon Technology Finance Corp is $8.25

This summary was machine generated from LSEG data April 29 at 09:50 p.m. UTC. ​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)

QUARTER ENDING
ESTIMATE
ACTUAL
BEAT, MET, MISSED
Mar. 31 2025
0.33
0.27
Missed
Dec. 31 2024
0.32
0.27
Missed
Sep. 30 2024
0.35
0.32
Missed
Jun. 30 2024
0.36
0.36
Met