Recap: HireQuest Q1 Earnings

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

HireQuest (NASDAQ:HQI) 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

HireQuest missed estimated earnings by 37.04%, reporting an EPS of $0.17 versus an estimate of $0.27.

Revenue was up $1.71 million from the same period last year.

Past Earnings Performance

Last quarter the company missed on EPS by $0.09 which was followed by a 4.02% drop in the share price the next day.

Here’s a look at HireQuest’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.28 0.32 0.24 0.15
EPS Actual 0.19 0.30 0.37 0.26
Revenue Estimate 8.80M 9.65M 7.62M 6.75M
Revenue Actual 8.05M 9.36M 9.29M 8.14M

To track all earnings releases for HireQuest visit their earnings calendar here.

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

Total
0
Shares
Related Posts
Read More

Markets Turn More Bullish; Dow Gains For Ninth Straight Day

The CNN Money Fear and Greed index showed improvement in overall market sentiment, while the index remained in the "Extreme Greed" zone on Tuesday. U.S. stocks closed higher on Tuesday, with the Dow Jones index recording gains for the ninth straight session. The Nasdaq Composite settled above the 15,000 mark for the first time since Jan. 2022.

ACN