Horizon Tech Finance (NASDAQ:HRZN) is preparing to release its quarterly earnings on Tuesday, 2024-10-29. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Horizon Tech Finance to report an earnings per share (EPS) of $0.35.
The market awaits Horizon Tech Finance's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Earnings Track Record
Last quarter the company missed EPS by $0.00, which was followed by a 3.48% drop in the share price the next day.
Here's a look at Horizon Tech Finance's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.39 | 0.44 | 0.41 |
| EPS Actual | 0.36 | 0.38 | 0.45 | 0.53 |
| Price Change % | -3.0% | 3.0% | -7.000000000000001% | 5.0% |
Tracking Horizon Tech Finance's Stock Performance
Shares of Horizon Tech Finance were trading at $10.07 as of October 25. Over the last 52-week period, shares are down 8.8%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
To track all earnings releases for Horizon Tech Finance visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
