Hirequest Inc reports results for the quarter ended December 31 - Earnings Summary

• Hirequest Inc HQI.OQ reported quarterly adjusted earnings of 16 cents​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of 2 cents. The mean expectation of two analysts for the quarter was for earnings of 19 cents per share. Wall Street expected results to range from 17 cents to 20 cents per share.

• Revenue fell 17.2% to $8.08 million from a year ago; analysts expected $9.30 million.

• Hirequest Inc's reported EPS for the quarter was 16 cents​.

• The company reported quarterly net income of $2.22 million.

• Hirequest Inc shares had fallen by 6.9% this quarter.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged in the last three months.​

• In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

• The current average analyst rating on the shares is "strong buy" and the breakdown of recommendations is 2 "strong buy" or "buy," no "hold" and no "sell" or "strong sell." The average consensus recommendation for the employment services peer group is "buy."

• Wall Street's median 12-month price target for Hirequest Inc is $19.00

This summary was machine generated from LSEG data March 27 at 10:56 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)