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Horizon Technology Finance Corp expected to post earnings of 36 cents a share - Earnings Preview
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Horizon Technology Finance Corp <HRZN.OQ> expected to post earnings of 36 cents a share - Earnings Preview
  • Horizon Technology Finance Corp HRZN.OQ HRZN.O is expected to show a fall in quarterly revenue when it reports results on July 30 for the period ending June 30 2024

  • The Farmington Connecticut-based company is expected to report a 10.0% decrease in revenue to $25.317 million from $28.12 million a year ago, according to the mean estimate from 6 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 36 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 $10.00​, below​ its last closing price of $12.27. ​​​

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

QUARTER ENDING

STARMINESMARTESTIMATE®

LSEG IBES ESTIMATE

ACTUAL

BEAT, MET, MISSED

SURPRISE %

Mar. 31 2024

0.40

0.38

0.38

Met

-1.1

Dec. 31 2024

0.47

0.44

0.45

Beat

2

Sep. 30 2023

0.42

0.41

0.53

Beat

28.5​

Jun. 30 2023

0.42

0.41

0.54

Beat

32.1

​​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

Jun. 30 2022

0.34

0.34

0.35

Beat

3.7

This summary was machine generated July 27 at 00:46 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)

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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