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
FTSE 100 Down 0.4% In Cautious Trade
CAC Up Slightly; Pernod Ricard Rises On Earnings
DAX Retreats After Firm Start, Down Marginally
Swiss Franc Rises Against Majors
Sensex, Nifty Retreat On US Tariff Worries
Bank Of Korea Stands Pat On Rates, Lifts 2025 Growth Outlook
European Shares Mostly Higher As Nvidia Outlook Lifts Sentiment
