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.
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 $1.1, which is better than the estimate ninety days ago.
Here’s how Hercules Technology Growth Capital has been performing on an annual basis:
|Revenue ($) 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|
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)