Hercules Capital Q3 2024 GAAP EPS $0.51, Inline, Sales $125.248M Beat $124.040M Estimate
Portfolio Pulse from Benzinga Newsdesk
Hercules Capital reported Q3 2024 earnings per share of $0.51, meeting analyst expectations, and sales of $125.248 million, surpassing estimates by 0.97%. This marks a 7.28% increase in sales compared to the same period last year.
October 30, 2024 | 8:44 pm
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Hercules Capital's Q3 2024 earnings per share of $0.51 met expectations, while sales of $125.248 million exceeded estimates by 0.97%, showing a 7.28% year-over-year increase.
The earnings per share meeting expectations and sales exceeding estimates by 0.97% are positive indicators for Hercules Capital. The year-over-year sales increase of 7.28% further supports a positive outlook, likely leading to a short-term positive impact on the stock price.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100