HireRight Q3 Results Top Estimates; Maintains FY23 Outlook

RTTNews | 1057 hari yang lalu
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

baca selengkapnya
FTSE 100 Modestly Higher As Miners, Pharma Stocks Move Up

FTSE 100 Modestly Higher As Miners, Pharma Stocks Move Up

The U.K. stock market's benchmark index FTSE 100 climbed higher on Tuesday, led by gains in mining and pharmaceuticals sectors even as the mood remained somewhat cautious amid a lack of progress in U.S.-Iran negotiations to reopen the Strait of Hormuz.
RTTNews | 47 menit yang lalu
U.S. Dollar Rises Amid Fed Rate Hike Speculation

U.S. Dollar Rises Amid Fed Rate Hike Speculation

The U.S. dollar strengthened against most major currencies in the European session on Tuesday, as traders anticipate that the Federal Reserve (Fed) will raise interest rates twice more this year.
RTTNews | 1 jam 9 menit yang lalu
CAC 40 Up Marginally; Legrand Rises Over 7%

CAC 40 Up Marginally; Legrand Rises Over 7%

Despite higher oil prices and bond yields, France's equity benchmark CAC 40 edged marginally higher Tuesday morning thanks to strong buying at select counters, including Legrand and STMicroelectronics.
RTTNews | 1 jam 37 menit yang lalu
Australia Lifts Interest Rate To 4.60%; Highest Since Late 2011

Australia Lifts Interest Rate To 4.60%; Highest Since Late 2011

The Reserve Bank of Australia raised its benchmark rate by a quarter-point on Tuesday, taking it to a 15-year high level, as risks to inflation materialized amid geopolitical tensions. The policy board, governed by Michele Bullock, unanimously decided to raise the cash rate target to 4.60 percent, the highest level since late 2011. The decision came in line with expectations.
RTTNews | 1 jam 43 menit yang lalu
DAX Climbs Higher On Tech Strength

DAX Climbs Higher On Tech Strength

German stocks gained modest ground in positive territory Tuesday morning even as the mood remained cautious amid elevated oil prices and higher bond yields. Oil prices climbed higher due to the impasse in U.S.-Iran negotiations.
RTTNews | 1 jam 54 menit yang lalu
Commodity Currency's Slide Amid Risk-off Mood

Commodity Currency's Slide Amid Risk-off Mood

The commodity currencies such as Australia, the New Zealand and the Canadian dollars weakened against their major currencies in the Asian session on Tuesday as Asian stock markets traded lower amid a substantial rebound in both crude oil prices and bond yields, renewing concerns about the outlook for global inflation and interest rates. Market sentiment is also hit by continued uncertainty about the resolution of the Middle East conflict.
RTTNews | 2 jam 16 menit yang lalu