Heritage Global (NASDAQ:HGBL) reported its Q2 earnings results on Wednesday, August 10, 2022 at 04:00 PM.
Here's what investors need to know about the announcement.
Earnings
Heritage Glb beat estimated earnings by 40.0%, reporting an EPS of $0.07 versus an estimate of $0.05.
Revenue was up $5.89 million from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.01 which was followed by a 21.06% increase in the share price the next day.
Here's a look at Heritage Glb's past performance:
| Quarter | Q1 2022 | Q4 2021 | Q3 2021 | Q2 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.03 | 0.05 | 0.05 | 0.04 |
| EPS Actual | 0.02 | 0.03 | 0.01 | 0.02 |
| Revenue Estimate | 8.16M | 7.09M | 7.28M | 6.87M |
| Revenue Actual | 9.36M | 7.52M | 5.99M | 5.18M |
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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