Hercules Capital (HTGC) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates

For the quarter ended December 2023, Hercules Capital (HTGC) reported revenue of $122.6 million, up 22.4% over the same period last year. EPS came in at $0.56, compared to $0.47 in the year-ago quarter.

The reported revenue represents a surprise of +5.73% over the Zacks Consensus Estimate of $115.96 million. With the consensus EPS estimate being $0.50, the EPS surprise was +12.00%.

While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.

As these metrics influence top- and bottom-line performance, comparing them to the year-ago numbers and what analysts estimated helps investors project a stock's price performance more accurately.

Here is how Hercules Capital performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:

  • Total Fee Income: $7.40 million compared to the $4.84 million average estimate based on four analysts.
  • Total Interest Income: $115.20 million versus the four-analyst average estimate of $111.12 million.
  • Interest income- Non-control/Non-affiliate investments: $113.83 million versus the two-analyst average estimate of $109.51 million.
  • Interest income- Control investments: $1.37 million versus the two-analyst average estimate of $1.19 million.
  • Fee Income- Non-control/Non-affiliate investments: $7.37 million versus $4.73 million estimated by two analysts on average.
View all Key Company Metrics for Hercules Capital here>>>

Shares of Hercules Capital have returned +3.6% over the past month versus the Zacks S&P 500 composite's +4.6% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.

Zacks Names "Single Best Pick to Double"

From thousands of stocks, 5 Zacks experts each have chosen their favorite to skyrocket +100% or more in months to come. From those 5, Director of Research Sheraz Mian hand-picks one to have the most explosive upside of all.

It’s a little-known chemical company that’s up 65% over last year, yet still dirt cheap. With unrelenting demand, soaring 2022 earnings estimates, and $1.5 billion for repurchasing shares, retail investors could jump in at any time.

This company could rival or surpass other recent Zacks’ Stocks Set to Double like Boston Beer Company which shot up +143.0% in little more than 9 months and NVIDIA which boomed +175.9% in one year.

Free: See Our Top Stock and 4 Runners Up >>

Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report

Hercules Capital, Inc. (HTGC) : Free Stock Analysis Report

To read this article on Zacks.com click here.

Zacks Investment Research

The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.


More Related Articles

Info icon

This data feed is not available at this time.

Sign up for the TradeTalks newsletter to receive your weekly dose of trading news, trends and education. Delivered Wednesdays.