Hercules Capital Q3 EPS $0.52 Beats $0.49 Estimate, Sales $116.74M Beat $112.51M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hercules Capital (NYSE:HTGC) reported Q3 earnings of $0.52 per share, beating the analyst consensus estimate of $0.49 by 6.12%. This is a 33.33% increase from the same period last year. The company also reported quarterly sales of $116.74 million, beating the analyst consensus estimate of $112.51 million by 3.76%. This is a 38.60% increase from the same period last year.
November 02, 2023 | 9:27 pm
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POSITIVE IMPACT
Hercules Capital's Q3 earnings and sales exceeded estimates, indicating a strong financial performance. This could potentially lead to a positive impact on the company's stock price in the short term.
Hercules Capital reported better than expected Q3 earnings and sales, which is a positive signal to investors. This could lead to increased investor confidence and a potential rise in the company's stock price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100