HireRight Q3 Results Top Estimates; Maintains FY23 Outlook

RTTNews | Pred 570 dňami
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

read more
Wall Street Likely To Open On Negative Note

Wall Street Likely To Open On Negative Note

Lower U.S. futures and uncertainty surrounding Trump administration's tariff moves point to a flat start for stocks on Wall Street on Friday. Investors will also be digesting some crucial economic data, including reports on U.S. consumer confidence, Chicago PMI reading, and personal income & spending reports.
RTTNews | Pred 1 h 39 min
Bay Street Likely To Open On Mixed Note

Bay Street Likely To Open On Mixed Note

Canadian shares are likely to open on a mixed note Friday morning with investors reacting to a slew of economic data, and assessing the likely move of Trump administration with regard to tariffs.
RTTNews | Pred 2 h 2 min
FTSE 100 Rises 0.7%

FTSE 100 Rises 0.7%

UK stocks are up in positive territory a little past noon on Friday, remaining firm after a steady start. Despite concerns about inflation and uncertainty about tariffs, investors are picking up stocks amid cautious optimism about growth.
RTTNews | Pred 2 h 58 min
CAC 40 Modestly Higher In Cautious Trade

CAC 40 Modestly Higher In Cautious Trade

After a slightly weak start, the French market has moved higher on Friday with investors picking up stocks amid hopes the European Central Bank will lower interest rates at its ensuing meeting. The U.S. federal court's ruling against President Donald Trump's sweeping tariff moves on its trading partners had added to uncertainty on the trade front, rendering the mood a bit cautious.
RTTNews | Pred 3 h 28 min
DAX Up 0.8% On Selective Buying As Markets Await Clarity On Tariffs

DAX Up 0.8% On Selective Buying As Markets Await Clarity On Tariffs

German stocks are gaining notably ground in positive territory on Friday despite data showing a drop in the nation's retail sales in the month of April, and amid uncertainty about Trump administration's tariff moves after U.S. court rulings against the levies proposed by the U.S. President.
RTTNews | Pred 3 h 58 min
Yen Rises On Strong Tokyo Core Inflation Data

Yen Rises On Strong Tokyo Core Inflation Data

The Japanese yen strengthened against other major currencies in the Asian session on Friday, as Tokyo's core inflation data came in stronger than expected, increasing the chances of the Bank of Japan's (BoJ) 25 basis point rate hike in July.
RTTNews | Pred 4 h 22 min