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Hirequest Inc reports results for the quarter ended in June - Earnings Summary
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Hirequest Inc reports results for the quarter ended in June - Earnings Summary
  • Hirequest Inc HQI.OQ reported quarterly adjusted earnings of 15 cents​​ per share for the quarter ended in June, identical to the same quarter last year. The mean expectation of two analysts for the quarter was for earnings of 13 cents per share. Wall Street expected results to range from 12 cents to 13 cents per share.

  • Revenue fell 3.4% to $8.68 million from a year ago; analysts expected $8.50 million.

  • Hirequest Inc's reported EPS for the quarter was 15 cents​.

  • The company reported quarterly income of $2.04 million.

  • Hirequest Inc shares had fallen by 0.1% this quarter and lost 19.6% so far this year.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 16.7% in the last three months.​

  • In the last 30 days, there have been 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," "hold" and "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 $17.50

This summary was machine generated from LSEG data August 9 at 03:03 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)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Jun. 30 2024

0.13

0.15

Beat

Mar. 31 2024

0.10

0.12

Beat

Dec. 31 2023

-0.06

0.02

Beat

Sep. 30 2023

0.17

0.13

Missed

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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