Heritage Global (NASDAQ:HGBL) reported its Q4 earnings results on Thursday, March 17, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Heritage Global missed estimated earnings by 40.0%, reporting an EPS of $0.03 versus an estimate of $0.05.
Revenue was down $807.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.04 which was followed by a 16.49% drop in the share price the next day.
Here's a look at Heritage Global's past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.05 | 0.04 | 0.04 | 0.08 |
| EPS Actual | 0.01 | 0.02 | 0.03 | 0.17 |
| Revenue Estimate | 7.28M | 6.87M | 6.48M | 7.17M |
| Revenue Actual | 5.99M | 5.18M | 7.10M | 8.33M |
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This article was generated by Benzinga's automated content engine and reviewed by an editor.
