HireRight Q3 Results Top Estimates; Maintains FY23 Outlook

RTTNews | vor 568 Tagen
Stocktwits
HireRight Q3 Results Top Estimates; Maintains FY23 Outlook

(RTTNews) - HireRight Holdings Corp. (HRT) reported Tuesday a net loss for the third quarter of $1.7 million or $0.02 per share, compared to net income of $93.3 million or $1.17 per share in the prior-year quarter.

Excluding items, adjusted earnings for the quarter was $0.36 per share, compared to $1.06 per share in the year-ago quarter.

Revenues for the quarter decreased to $188.3 million from $210.3 million in the same quarter last year.

On average, analysts polled by Thomson Reuters expected the company to report earnings of $0.34 per share on revenues of $187.27 million for the quarter. Analysts' estimates typically exclude special items.

Looking ahead to fiscal 2023, the company continues to project adjusted earnings in a range of $1.05 to $1.10 per share on revenues between $720.00 million and $735.00 million. The Street is looking for earnings of $1.04 per share on revenues of $724.82 million for the year.

For more earnings news, earnings calendar, and earnings for stocks, visit rttnews.com

Tags: HRT
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France GDP Growth Confirmed At 0.1%

France GDP Growth Confirmed At 0.1%

The French economy recovered in the first quarter, as initially estimated, the statistical office INSEE reported Wednesday. Gross domestic product grew 0.1 percent from the fourth quarter, when the economy shrank 0.1 percent.
RTTNews | vor 11 Minuten
U.S. Dollar Rises As Traders Await FOMC Minutes

U.S. Dollar Rises As Traders Await FOMC Minutes

The U.S. dollar strengthened against other major currencies in the Asian session on Wednesday, as traders await the minutes from May's FOMC meeting due later in the day.
RTTNews | vor 1Std 56 Minuten
NZ Dollar Rises After RBNZ Rate Decision

NZ Dollar Rises After RBNZ Rate Decision

The New Zealand dollar recovered from recent lows against other major currencies in the Asian session on Wednesday, after the Reserve Bank of New Zealand reduced its benchmark rate by a quarter-point, as widely expected.
RTTNews | vor 2Std 59 Minuten
European Economic News Preview: Germany Unemployment Data Due

European Economic News Preview: Germany Unemployment Data Due

Unemployment from Germany and revised GDP and consumer spending from France are due on Wednesday, headlining a light day for the European economic news. At 2.00 am ET, Destatis is scheduled to issue Germany's import prices for April. Import prices are forecast to fall 1.4 percent month-on-month, faster than the 1.0 percent decrease in March.
RTTNews | vor 3Std 44 Minuten
European Shares Seen Flat To Lower At Open

European Shares Seen Flat To Lower At Open

European stocks are seen opening flat to slightly lower on Wednesday, with Nvidia earnings and minutes from May's FOMC meeting likely to be in focus.
RTTNews | vor 3Std 55 Minuten
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