HireRight Holdings: Q1 Earnings Insights

HireRight Holdings (NYSE:HRT) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM. Here’s what…

HireRight Holdings (NYSE:HRT) reported its Q1 earnings results on Tuesday, May 9, 2023 at 04:05 PM.

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

Earnings

HireRight Holdings missed estimated earnings by 33.33%, reporting an EPS of $0.18 versus an estimate of $0.27.

Revenue was down $23.30 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.13 which was followed by a 7.52% increase in the share price the next day.

Here’s a look at HireRight Holdings’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.21 0.46 0.35 0.20
EPS Actual 0.34 1.40 0.54 0.37
Revenue Estimate 170.40M 211.16M 200.98M 181.70M
Revenue Actual 175.36M 210.30M 222.29M 198.70M

To track all earnings releases for HireRight Holdings visit their earnings calendar here.

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

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