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Curious about Hercules Capital (HTGC) Q2 Performance? Explore Wall Street Estimates for Key Metrics

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Analysts on Wall Street project that Hercules Capital (HTGC - Free Report) will announce quarterly earnings of $0.51 per share in its forthcoming report, representing a decline of 3.8% year over year. Revenues are projected to reach $124.99 million, increasing 7.5% from the same quarter last year.

The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.

Before a company reveals its earnings, it is vital to take into account any changes in earnings projections. These revisions play a pivotal role in predicting the possible reactions of investors toward the stock. Multiple empirical studies have consistently shown a strong association between trends in earnings estimates and the short-term price movements of a stock.

While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.

That said, let's delve into the average estimates of some Hercules Capital metrics that Wall Street analysts commonly model and monitor.

The combined assessment of analysts suggests that 'Total Fee Income' will likely reach $5.72 million. Compared to the current estimate, the company reported $7.25 million in the same quarter of the previous year.

Analysts forecast 'Total Interest Income' to reach $119.27 million. Compared to the current estimate, the company reported $108.99 million in the same quarter of the previous year.

The consensus estimate for 'Interest income- Non-control/Non-affiliate investments' stands at $117.48 million. The estimate compares to the year-ago value of $107.93 million.

It is projected by analysts that the 'Fee Income- Non-control/Non-affiliate investments' will reach $5.11 million. Compared to the present estimate, the company reported $7.23 million in the same quarter last year.

View all Key Company Metrics for Hercules Capital here>>>

Hercules Capital shares have witnessed a change of +4.8% in the past month, in contrast to the Zacks S&P 500 composite's -0.2% move. With a Zacks Rank #3 (Hold), HTGC is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>


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