Recap: Hercules Capital Q1 Earnings

Hercules Capital (NYSE:HTGC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:10 PM. Here’s what…

Hercules Capital (NYSE:HTGC) reported its Q1 earnings results on Thursday, May 4, 2023 at 04:10 PM.

Here’s what investors need to know about the announcement.

Earnings

Hercules Capital beat estimated earnings by 4.35%, reporting an EPS of $0.48 versus an estimate of $0.46.

Revenue was up $39.93 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.05 which was followed by a 7.69% increase in the share price the next day.

Here’s a look at Hercules Capital’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.42 0.36 0.33 0.31
EPS Actual 0.47 0.39 0.32 0.30
Revenue Estimate 90.84M 80.47M 72.38M 69.02M
Revenue Actual 100.19M 84.23M 72.11M 65.16M

To track all earnings releases for Hercules Capital visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

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