The Stocks Of HLNE Will Be Posting An EPS of $0.55 According To Zacks

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HLNE
HLNE

The analysts at Wall Street have predicted that the stocks of HLNE would be announcing an EPS of $0.55 for the entire quarter. According to the reports, three analysts have already issued several estimates on the earnings of the company. The lowest estimate has been set at $0.53, with the highest fixed at $0.58. The company did post an EPS of $0.47 the previous year, which indicates a positive annual growth rate of 17%. The company would be issuing its next quarterly earnings results on the 2nd of February.

The Quarterly Earnings of HLNE

According to Zacks Investment, most analysts are actually expecting HLNE to report an EPS of $2.03 for the entire year, with the EPS shifting from $1.98 to $2.08. For the coming year, most analysts have predicted that the company would be posting an EPS of $2.29 per share, with the EPS moving in from $2.16 to $2.38. 

The company did post their previous earnings data on the 4th of November. The EPS reported by the company was $0.78, which comfortably beat the EPS set by the consensus at $0.60. The company also had a return on its equity set at 44.51%, with a net margin of 19.78%. The revenue earned by the company for the quarter was $84.40 million, which beat out the consensus estimate of $71.02 million. The previous year saw an EPS of $0.50 earned by the company. 

There have been quite a few analysts who have been interested in the stocks of HNLE. Oppenheimer has already given a rating of ‘Hold’ to the shares of the company in a 27th October research report. Morgan Stanley has boosted the price objective on the shares of the company from $80 to $84, with a rating of ‘overweight’ on the stocks of the firm.