Horizon Tech Finance Q2 EPS $0.54 Beats $0.43 Estimate, Sales $28.12M Beat $26.23M Estimate
Portfolio Pulse from totan@benzinga.com
Horizon Tech Finance (NASDAQ:HRZN) reported Q2 earnings of $0.54 per share, beating the analyst consensus estimate of $0.43 by 25.58%. This is a 54.29% increase from the same period last year. The company also reported quarterly sales of $28.12 million, beating the analyst consensus estimate of $26.23 million by 7.19%. This is a 51.26% increase from the same period last year.
August 04, 2023 | 10:26 am
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POSITIVE IMPACT
Horizon Tech Finance's Q2 earnings and sales exceeded analyst estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Horizon Tech Finance's Q2 earnings and sales have significantly exceeded analyst estimates, which is typically a positive signal for investors and can lead to an increase in the company's stock price. The substantial YoY growth in both earnings and sales further strengthens this outlook.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100