A Peek at Hercules Capital's Future Earnings

Hercules Capital (NYSE:HTGC) is gearing up to announce its quarterly earnings on Wednesday, 2024-10-30. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Hercules Capital will report an earnings per share (EPS) of $0.51.

The market awaits Hercules Capital's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings History Snapshot

The company's EPS missed by $0.00 in the last quarter, leading to a 11.73% drop in the share price on the following day.

Here's a look at Hercules Capital's past performance and the resulting price change:

Quarter

Q2 2024

Q1 2024

Q4 2023

Q3 2023

EPS Estimate

0.51

0.5

0.50

0.49

EPS Actual

0.51

0.5

0.56

0.52

Price Change %

-12.0%

1.0%

5.0%

-1.0%

Hercules Capital Share Price Analysis

Shares of Hercules Capital were trading at $20.14 as of October 28. Over the last 52-week period, shares are up 26.23%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

Analysts' Take on Hercules Capital

For investors, grasping market sentiments and expectations in the industry is vital. This analysis explores the latest insights regarding Hercules Capital.

Hercules Capital has received a total of 2 ratings from analysts, with the consensus rating as Outperform. With an average one-year price target of $21.75, the consensus suggests a potential 7.99% upside.

Comparing Ratings ...