Recap: HireQuest Q1 Earnings - HireQuest (NASDAQ:HQI)

HireQuest 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.

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.

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.