Horizon Technology Finance Corp expected to post earnings of 35 cents a share - Earnings Preview

Reuters
2024-10-27

* Horizon Technology Finance Corp is expected to show a fall in quarterly revenue when it reports results on October 29 for the period ending September 30 2024

* The Farmington Connecticut-based company is expected to report a 12.5% decrease in revenue to $25.49 million from $29.14 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data. (SAL is based on Total Investment Income)

* ​LSEG's mean analyst estimate for Horizon Technology Finance Corp is for earnings of 35 cents per share.

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "hold" and 3 "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 Horizon Technology Finance Corp is $9.00​, below​ its last closing price of $10.07. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER STARMINESM LSEG IBES ACTUAL BEAT, SURPRI

ENDING ARTESTIMAT ESTIMATE MET, SE %

E® MISSED

Jun. 30 2024 0.37 0.36 0.36 Met -0.3

Mar. 31 2024 0.40 0.38 0.38 Met -1.1

Dec. 31 2023 0.47 0.44 0.45 Beat 2​

Sep. 30 2023 0.42 0.41 0.53 Beat 28.5

​​Jun. 0.42 0.41 0.54 Beat 32.1

30 2023

Mar. 31 2023 0.41 0.40 0.46 Beat 15.7​

Dec. 31 2022 0.40 0.39 0.40 Beat 2.2

Sep. 30 2022 0.35 0.35 0.43 Beat 22.4

This summary was machine generated October 27 at 14:49 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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