Advertisement
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
TSX Settles Lower As Trade Tensions Resurface
Crude Oil Prices Slip On Friday
Pound Drops As Trade Tensions Renew
Weighed Down By Tariff Uncertainty, Gold Slides
Swiss Market Ends Modestly Higher
Major European Markets Close Slightly Higher
Canadian Market Modestly Lower, Looks Headed For Another Weak Close
