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

Reuters
05 Mar
<a href="https://laohu8.com/S/HTFB">Horizon Technology Finance Corp</a> reports results for the quarter ended December 31 - Earnings Summary
  • Horizon Technology Finance Corp HRZN.OQ reported quarterly adjusted earnings of 27 cents​​ per share for the quarter ended December 31, lower than the same quarter last year, when the company reported EPS of 45 cents. The mean expectation of eight analysts for the quarter was for earnings of 32 cents per share. Wall Street expected results to range from 26 cents to 34 cents per share.

  • Revenue fell 16.5% to $23.55 million from a year ago; analysts expected $25.68 million.

  • Horizon Technology Finance Corp's reported EPS for the quarter was a loss of 32 cents​.

  • The company reported a quarterly loss of $12.43 million.

  • Horizon Technology Finance Corp shares had risen by 8.7% 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 "hold" and the breakdown of recommendations is 1 "strong buy" or "buy," 4 "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 $9.00

This summary was machine generated from LSEG data March 5 at 03:35 a.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

Dec. 31 2024

0.32

0.27

Missed

Sep. 30 2024

0.35

0.32

Missed

Jun. 30 2024

0.36

0.36

Met

Mar. 31 2024

0.38

0.38

Met

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