Horizon Technology Finance Corporation (NASDAQ: HRZN) has announced that it will be unveiling its third quarter financial results on Tuesday 29th October 2024. The disclosure is planned to occur after market close.
Wall Street financial experts are forecasting that the organization will announce an expected $0.35 profit per share for the quarter. Moreover, the firm is anticipated to disclose a total revenue of $25.49 million for this specific period.
Wall Street analysts have provided their insights on the company's performance for the year, forecasting a total revenue of $103.47 million. Additionally, they anticipate the earnings per share to reach profit of $1.42 during the fiscal year.
Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.53. This figure was attributed to the company's total revenue, which reached an impressive $29.14 million during that same period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.36 | -33.3% | 25.68 M | -8.7% |
| Q1 2024 | $0.38 | -17.4% | 26.13 M | -6.8% |
| Q4 2023 | $0.45 | +12.5% | 28.18 M | +21.8% |
| Q3 2023 | $0.53 | +23.3% | 29.14 M | +25.3% |
| Q2 2023 | $0.54 | +54.3% | 28.12 M | +51.3% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 30th October 2024 at 09:00 AM eastern time to discuss Q3 financial results.
Horizon Technology Finance Corporation (HRZN) shares experienced a range of $10.07 to $10.23 on a day volume of 326.60 thousand shares. The stock closed Friday's regular trading session at $10.07, indicating a 2.23 percent drop.
