Hercules Technology Growth Capital Earnings Preview: Can This Streak Continue?

Hercules Technology Growth Capital (NASDAQ:HTGC) will report earnings after markets close on Thursday, May 2nd. Hercules Technology Growth Capital, Inc. provides debt and equity growth capital to technology-related companies. The Company primarily finances privately-held companies through structured mezzanine debt, senior debt and equity investments. Hercules operates as a business development company under the Investment Company Act of 1940.

Here is your Cheat Sheet to Hercules Technology Growth Capital Earnings:

Earnings Expectations: Analysts expect earnings of $0.25 per share on revenues of $29.51 million. Currently, the company’s P/E ratio stands at 13.97.

Analyst Trends:

Analysts have a more positive outlook for the company’s next-quarter performance. Over the past three months, the average estimate for next quarter’s earnings has risen from a profit of $0.26 to a profit $0.27. For the current year, the average estimate is a profit of $1.1, which is better than the estimate ninety days ago.

Earnings Trends:

Here’s how Hercules Technology Growth Capital has been performing on an annual basis:

Fiscal Year 2008 2009 2010 2011 2012
Revenue ($) in millions 62.71 64.89 50.90 66.60 77.68
Diluted EPS ($) 0.64 0.37 0.12 1.07 0.93

Next, our CHEAT SHEET investing framework asks us to drill down to the recent quarterly data:

Quarter Dec. 31, 2011 Mar. 31, 2012 Jun. 30, 2012 Sep. 30, 2012 Dec. 31, 2012
Revenue ($) in millions 16.75 18.47 19.35 18.99 20.87
Diluted EPS ($) 0.4045 0.36 0.00 0.09 0.4789

Past Performance:
Hercules Technology Growth Capital has beat analyst estimates 4 times in the past four quarters. Shareholders could expect a boost if the company beats estimates.

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(Company fundamentals provided by Xignite Financials. Email any earnings discrepancies to earnings [at] wallstcheatsheet.com)