Horizon Technology Finance CorpQ) 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 STARMINESM LSEG IBES ACTUAL BEAT, SURPRI ENDING ARTESTIMAT ESTIMATE MET, SE % E® MISSED 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. 0.41 0.40 0.46 Beat 15.7 31 2023 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)