HC2 Holdings Inc (HCHC) Set to Announce Earnings on Tuesday
HC2 Holdings Inc (NASDAQ:HCHC) is scheduled to post its quarterly earnings results after the market closes on Tuesday, November 7th. Analysts expect HC2 Holdings to post earnings of ($0.09) per share for the quarter.
HC2 Holdings (NASDAQ:HCHC) last announced its quarterly earnings data on Wednesday, August 9th. The technology company reported ($0.35) EPS for the quarter, missing the consensus estimate of ($0.18) by ($0.17). The business had revenue of $378.65 million for the quarter, compared to analyst estimates of $424.16 million. On average, analysts expect HC2 Holdings to post $-1.00 EPS for the current fiscal year and $-0.47 EPS for the next fiscal year.
Shares of HC2 Holdings Inc (NASDAQ HCHC) opened at 5.36 on Tuesday. The firm’s market capitalization is $230.54 million. HC2 Holdings Inc has a 52 week low of $3.80 and a 52 week high of $7.27. The firm’s 50-day moving average is $5.14 and its 200 day moving average is $5.45.
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HCHC has been the topic of a number of research reports. B. Riley set a $10.00 target price on shares of HC2 Holdings and gave the stock a “buy” rating in a research report on Thursday, October 12th. Zacks Investment Research raised HC2 Holdings from a “sell” rating to a “hold” rating in a report on Wednesday, October 11th.
HC2 Holdings Company Profile
HC2 Holdings, Inc engages in construction, marine services, insurance, telecommunications, energy, life sciences, and other businesses in the United States, the United Kingdom, and internationally. The company fabricates and erects structural steel for commercial and industrial construction projects, such as buildings and office complexes, hotels and casinos, convention centers, sports arenas and stadiums, shopping malls, hospitals, dams, bridges, mines, and power plants.
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