Heritage Glb Q1 2024 GAAP EPS $0.05 Misses $0.06 Estimate, Sales $12.161M Miss $14.201M Estimate

5/9/24 6:34:38 PM ET

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Heritage Glb (NASDAQ:HGBL) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.06 by 16.67 percent. This is a 37.5 percent decrease over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $12.161 million which missed the analyst consensus estimate of $14.201 million by 14.37 percent. This is a 26.79 percent decrease over sales of $16.612 million the same period last year.

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Recent Analyst Ratings for
$HGBL

Date	Price Target	Rating	Analyst
5/30/2023		Buy	Craig Hallum

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$HGBL
Leadership Updates

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Heritage Global Valuations Appoints Gina Griffin as Senior Vice President
Heritage Global Valuations ("HGV"), a division of Heritage Global Inc. (NASDAQ:HGBL), a leading appraisal and liquidation firm, is pleased to announce the appointment of Gina Griffin as Senior Vice President. With a remarkable career spanning more than two decades, Griffin brings a wealth of expertise in the appraisal and liquidation industry, particularly in retail, consumer products, and e-commerce. Griffin's journey in the industry began over 20 years ago, where she played a pivotal role in the growth of Gordon Brothers, a globally recognized advisory and restructuring firm. During her tenure, she managed a team, cultivated relationships, and worked on large complex projects in retail,
11/2/23 1:00:00 PM ET
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Heritage Global Capital Appoints Tony Spencer as Senior Vice President
Heritage Global Capital ("HGC"), a division of Heritage Global Inc. (NASDAQ:HGBL), specializing in flexible funding structures for the Accounts Receivable Management "ARM" industry, announced today that Tony Spencer has been appointed as Senior Vice President of Credit Risk Operations and Originations. Mr. Spencer brings extensive knowledge and expertise to HGC in both credit risk operations and originations, gained from years of experience in portfolio management. He spent two years with PRA Group, where he was responsible for portfolio acquisitions in the US and Canada. During this time, he invested over $600 million in portfolio purchases. Before joining PRA Group, he spent 15 years wi
6/15/23 1:00:00 PM ET
$HGBL
Business Services
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Heritage Global Valuations Appoints Rick Wiorek as Director
Heritage Global Valuations ("HGV"), a division of Heritage Global Inc. (NASDAQ:HGBL), specializing in the valuation of commercial & industrial assets including inventories and machinery & equipment ("M&E"), announced today that Rick Wiorek, ASA, CEA has joined HGV as a Director. Mr. Wiorek has over 34 years of experience in the appraisal of industrial machinery and equipment. He is certified by the American Society of Appraisers as an Accredited Senior Appraiser ("ASA") and Association of Machinery and Equipment Appraisers as a Certified Equipment Appraiser ("CEA") and is an active member of both associations. Based in Chicago, Mr. Wiorek will focus on appraisals that support asset-based
4/19/23 1:00:00 PM ET
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Press Releases

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Heritage Global Inc. Reports Third Quarter 2024 Results
Heritage Global Inc. (NASDAQ:HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and industrial asset transactions, today reported financial results for the third quarter and nine months ended September 30, 2024. Third Quarter and First Nine Months 2024 Summary of Financial Results (unaudited): ($ in thousands, except per share amounts) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating income $ 1,479 $ 2,769 $ 7,581 $ 9,764 Net income $ 1,089 $ 1,977 $ 5,385 $
11/7/24 4:10:00 PM ET
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Heritage Global to Announce Third Quarter 2024 Results and Host Webcast on Thursday, November 7, 2024
Heritage Global Inc. (NASDAQ:HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its third quarter 2024 financial results after the market closes on Thursday, November 7, 2024. Webcast and Earnings Conference Call Management will host a webcast and conference call on Thursday, November 7, 2024, at 5:00 p.m. ET to discuss financial results for the third quarter of 2024. Analysts and investors may participate via conference call, using the following dial-in information: 1-800-717-1738 (Domestic) 1-646-307-1865 (International) Conference ID: 59480 To acce
10/7/24 4:00:00 PM ET
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Heritage Global Partners to Conduct Two Major Online Auctions of Cue Health's Assets
Unique Opportunity by Order of the US Bankruptcy Court (Case # 24-11096-CTG), Featuring Over 2,000 Auction Lots! Heritage Global Partners ("HGP"), a subsidiary of Heritage Global Inc. (NASDAQ:HGBL) and a worldwide leader in asset advisory and auction services, has been appointed by the Chapter 7 Trustee and US Bankruptcy Court to conduct two major online auctions of assets from Cue Health, a San Diego based healthcare technology and Covid-19 testing company, featuring over 2,000 lots of state-of-the-art equipment and assets. The first auction will feature cutting-edge research, development, and laboratory equipment from Cue Health's Carrol Canyon location in San Diego, CA, ideal for pro
8/12/24 2:00:00 PM ET
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Heritage Global Inc. Reports Third Quarter 2024 Results
Heritage Global Inc. (NASDAQ:HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and industrial asset transactions, today reported financial results for the third quarter and nine months ended September 30, 2024. Third Quarter and First Nine Months 2024 Summary of Financial Results (unaudited): ($ in thousands, except per share amounts) Three Months Ended September 30, Nine Months Ended September 30, 2024 2023 2024 2023 Operating income $ 1,479 $ 2,769 $ 7,581 $ 9,764 Net income $ 1,089 $ 1,977 $ 5,385 $
11/7/24 4:10:00 PM ET
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Heritage Global to Announce Third Quarter 2024 Results and Host Webcast on Thursday, November 7, 2024
Heritage Global Inc. (NASDAQ:HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and industrial asset transactions, today announced that the Company will release its third quarter 2024 financial results after the market closes on Thursday, November 7, 2024. Webcast and Earnings Conference Call Management will host a webcast and conference call on Thursday, November 7, 2024, at 5:00 p.m. ET to discuss financial results for the third quarter of 2024. Analysts and investors may participate via conference call, using the following dial-in information: 1-800-717-1738 (Domestic) 1-646-307-1865 (International) Conference ID: 59480 To acce
10/7/24 4:00:00 PM ET
$HGBL
Business Services
Consumer Discretionary
Heritage Global Inc. Reports Second Quarter 2024 Results
Company Reports Operating Income of $3.5 Million Heritage Global Inc. (NASDAQ:HGBL) ("Heritage Global," "HG" or "the Company"), an asset services company specializing in financial and industrial asset transactions, today reported financial results for the second quarter and six months ended June 30, 2024. Second Quarter and First Six Months 2024 Summary of Financial Results (unaudited): ($ in thousands, except per share amounts) Three Months Ended June 30, Six Months Ended June 30, 2024 2023 2024 2023 Operating income $ 3,544 $ 3,101 $ 6,102 $ 6
8/8/24 4:05:00 PM ET
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Heritage Glb Q1 2024 GAAP EPS $0.05 Misses $0.06 Estimate, Sales $12.161M Miss $14.201M Estimate
Heritage Glb (NASDAQ:HGBL) reported quarterly earnings of $0.05 per share which missed the analyst consensus estimate of $0.06 by 16.67 percent. This is a 37.5 percent decrease over earnings of $0.08 per share from the same period last year. The company reported quarterly sales of $12.161 million which missed the analyst consensus estimate of $14.201 million by 14.37 percent. This is a 26.79 percent decrease over sales of $16.612 million the same period last year.
5/9/24 6:34:38 PM ET
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Insiders Buying Lee Enterprises And 2 Other Stocks
Although U.S. stocks closed higher on Wednesday, there were a few notable insider trades. When insiders purchase shares, it indicates their confidence in the company's prospects or that they view the stock as a bargain. Either way, this signals an opportunity to go long on the stock. Insider purchases should not be taken as the only indicator for making an investment or trading decision. At best, it can lend conviction to a buying decision. Below is a look at a few recent notable insider purchases. For more, check out Benzinga's insider transactions platform. Lee Enterprises The Trade: Lee Enterprises, Incorporated (NASDAQ:LEE) 10% owner Quint Digital Ltd acquired a total of 46,50
3/21/24 9:15:40 AM ET
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$17M Bet On This Healthcare Stock? Check Out These 4 Penny Stocks Insiders Are Aggressively Buying
The Dow Jones index closed higher by over 300 points on Tuesday. When insiders purchase or sell shares, it indicates their confidence or concern around the company's prospects. Investors and traders interested in penny stocks can consider this a factor in their overall investment or trading decision. Below is a look at a few recent notable insider transactions for penny stocks. For more, check out Benzinga's insider transactions platform. Heritage Global The Trade: Heritage Global Inc. (NASDAQ:HGBL) President, Industrial Assets Nicholas Kirk Dove acquired a total of 5,000 shares an average price of $2.88. To acquire these shares, it cost around $14,400. What’s Happening: On March
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Heritage Glb Q1 2024 GAAP EPS $0.05 Misses $0.06 Estimate, Sales $12.161M Miss $14.201M Estimate

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Recent Analyst Ratings for $HGBL

$HGBL Leadership Updates

Live Leadership Updates

Heritage Global Valuations Appoints Gina Griffin as Senior Vice President

Heritage Global Capital Appoints Tony Spencer as Senior Vice President

Heritage Global Valuations Appoints Rick Wiorek as Director

$HGBL Insider Trading

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Dove Ross bought $20,067 worth of shares (7,297 units at $2.75), increasing direct ownership by 0.32% to 2,302,656 units (SEC Form 4)

Cobb Brian J. covered exercise/tax liability with 13,638 shares, decreasing direct ownership by 13% to 94,913 units (SEC Form 4)

Sklar James Edward covered exercise/tax liability with 11,830 shares, decreasing direct ownership by 4% to 283,876 units (SEC Form 4)

$HGBL Analyst Ratings

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Craig Hallum initiated coverage on Heritage Global

Lake Street Capital reiterated coverage on Heritage Global with a new price target

$HGBL SEC Filings

SEC Form 10-Q filed by Heritage Global Inc.

Heritage Global Inc. filed SEC Form 8-K: Other Events

SEC Form 10-Q filed by Heritage Global Inc.

$HGBL Press Releases

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Heritage Global Inc. Reports Third Quarter 2024 Results

Heritage Global to Announce Third Quarter 2024 Results and Host Webcast on Thursday, November 7, 2024

Heritage Global Partners to Conduct Two Major Online Auctions of Cue Health's Assets

$HGBL Large Ownership Changes

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SEC Form SC 13G/A filed by Heritage Global Inc. (Amendment)

SEC Form SC 13G/A filed by Heritage Global Inc. (Amendment)

SEC Form SC 13D/A filed by Heritage Global Inc. (Amendment)

$HGBL Financials

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$HGBL Insider Purchases

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Heritage Global Inc. Reports Third Quarter 2024 Results

Heritage Global to Announce Third Quarter 2024 Results and Host Webcast on Thursday, November 7, 2024

Heritage Global Inc. Reports Second Quarter 2024 Results