Heritage Global Inc <HGBL.OQ> expected to post earnings of 5 cents a share - Earnings Preview
Heritage Global Inc HGBL.OQ HGBL.O is expected to show a fall in quarterly revenue when it reports results on March 13 for the period ending December 31 2024
The San Diego California-based company is expected to report a 19.5% decrease in revenue to $12.296 million from $15.28 million a year ago, according to the mean estimate from 2 analysts, based on LSEG data.
LSEG's mean analyst estimate for Heritage Global Inc is for earnings of 5 cents per share.
The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," no "hold" and no "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 Heritage Global Inc is $4.50, above its last closing price of $2.00.
Previous quarterly performance (using preferred earnings measure in US dollars).
QUARTER ENDING | STARMINESMARTESTIMATE® | LSEG IBES ESTIMATE | ACTUAL | BEAT, MET, MISSED | SURPRISE % |
Sep. 30 2024 | 0.06 | 0.06 | 0.03 | Missed | -50 |
Jun. 30 2024 | 0.06 | 0.07 | 0.07 | Met | 0 |
Mar. 31 2024 | 0.05 | 0.06 | 0.05 | Missed | -21 |
Dec. 31 2023 | 0.07 | 0.13 | Beat | 95 | |
Sep. 30 2023 | 0.07 | 0.07 | 0.05 | Missed | -28.6 |
Jun. 30 2023 | 0.08 | 0.07 | 0.07 | Met | 5 |
Mar. 31 2023 | 0.05 | 0.05 | 0.08 | Beat | 60 |
Dec. 31 2022 | 0.04 | 0.04 | 0.08 | Beat | 100 |
This summary was machine generated March 11 at 20:11 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)
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