Published on 18 Feb 2024 on Simply Wall St. via Yahoo Finance
Hercules Capital, Inc. Beat Analyst Estimates: See What The Consensus Is Forecasting For This Year
It's been a good week for Hercules Capital, Inc. (NYSE:HTGC) shareholders, because the company has just released its latest annual results, and the shares gained 7.6% to US$18.60. Revenues were US$461m, approximately in line with expectations, although statutory earnings per share (EPS) performed substantially better. EPS of US$2.31 were also better than expected, beating analyst predictions by 15%. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We thought readers would find it interesting to see the analysts latest (statutory) post-earnings forecasts for next year.
Check out our latest analysis for Hercules Capital
