Heritage Glb: Q1 Earnings Insights

Heritage Glb (NASDAQ:HGBL) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM. Here’s what…

Heritage Glb (NASDAQ:HGBL) reported its Q1 earnings results on Thursday, May 11, 2023 at 04:05 PM.

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

Earnings

Heritage Glb beat estimated earnings by 60.0%, reporting an EPS of $0.08 versus an estimate of $0.05.

Revenue was up $7.25 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.23 which was followed by a 14.17% increase in the share price the next day.

Here’s a look at Heritage Glb’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.04 0.03 0.05 0.03
EPS Actual 0.27 0.06 0.07 0.02
Revenue Estimate 10.95M 9.23M 8.87M 8.16M
Revenue Actual 13.83M 12.66M 11.06M 9.36M

To track all earnings releases for Heritage Glb visit their earnings calendar here.

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

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