HireQuest Past Earnings Performance
Past criteria checks 1/6
HireQuest has been growing earnings at an average annual rate of 19.5%, while the Professional Services industry saw earnings growing at 11.4% annually. Revenues have been growing at an average rate of 22.6% per year. HireQuest's return on equity is 3.3%, and it has net margins of 5.7%.
Key information
19.5%
Earnings growth rate
19.7%
EPS growth rate
| Professional Services Industry Growth | 11.0% |
| Revenue growth rate | 22.6% |
| Return on equity | 3.3% |
| Net Margin | 5.7% |
| Last Earnings Update | 30 Sep 2024 |
Recent past performance updates
Recent updates
Market Participants Recognise HireQuest, Inc.'s (NASDAQ:HQI) Earnings
Oct 16
HireQuest (NASDAQ:HQI) Will Pay A Dividend Of $0.06
Aug 21Is HireQuest (NASDAQ:HQI) Using Too Much Debt?
Aug 03HireQuest, Inc. Just Beat EPS By 20%: Here's What Analysts Think Will Happen Next
May 11There May Be Reason For Hope In HireQuest's (NASDAQ:HQI) Disappointing Earnings
Mar 28HireQuest, Inc. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Predictions
Mar 25HireQuest (NASDAQ:HQI) Is Due To Pay A Dividend Of $0.06
Feb 23Returns On Capital At HireQuest (NASDAQ:HQI) Paint A Concerning Picture
Jan 30HireQuest (NASDAQ:HQI) Is Paying Out A Dividend Of $0.06
Aug 28Need To Know: The Consensus Just Cut Its HireQuest, Inc. (NASDAQ:HQI) Estimates For 2023
Aug 18HireQuest (NASDAQ:HQI) Is Reinvesting At Lower Rates Of Return
Aug 12HireQuest (NASDAQ:HQI) Seems To Use Debt Rather Sparingly
Jun 08HireQuest (NASDAQ:HQI) Is Due To Pay A Dividend Of $0.06
May 21HireQuest, Inc. Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
May 14Shareholders Are Optimistic That HireQuest (NASDAQ:HQI) Will Multiply In Value
May 12Is There Now An Opportunity In HireQuest, Inc. (NASDAQ:HQI)?
Feb 01There Are Reasons To Feel Uneasy About HireQuest's (NASDAQ:HQI) Returns On Capital
Dec 20HireQuest (NASDAQ:HQI) Has Affirmed Its Dividend Of $0.06
Nov 22Is HireQuest (NASDAQ:HQI) A Risky Investment?
Oct 18HireQuest goes ex-dividend tomorrow
Aug 30Artko Capital - HireQuest: Firing On All Cylinders
Aug 17Is There An Opportunity With HireQuest, Inc.'s (NASDAQ:HQI) 43% Undervaluation?
Aug 15HireQuest (NASDAQ:HQI) Will Pay A Dividend Of US$0.06
May 20Is It Time To Consider Buying HireQuest, Inc. (NASDAQ:HQI)?
May 06HireQuest (NASDAQ:HQI) Has A Rock Solid Balance Sheet
Apr 22HireQuest: A Different Player In Temporary Staffing
Apr 14Revenue & Expenses Breakdown
How HireQuest makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 30 Sep 24 | 36 | 2 | 22 | 0 |
| 30 Jun 24 | 36 | 6 | 23 | 0 |
| 31 Mar 24 | 36 | 6 | 24 | 0 |
| 31 Dec 23 | 38 | 6 | 24 | 0 |
| 30 Sep 23 | 36 | 9 | 23 | 0 |
| 30 Jun 23 | 35 | 11 | 18 | 0 |
| 31 Mar 23 | 34 | 14 | 16 | 0 |
| 31 Dec 22 | 31 | 12 | 13 | 0 |
| 30 Sep 22 | 29 | 12 | 12 | 0 |
| 30 Jun 22 | 28 | 11 | 15 | 0 |
| 31 Mar 22 | 26 | 9 | 12 | 0 |
| 31 Dec 21 | 23 | 12 | 13 | 0 |
| 30 Sep 21 | 19 | 11 | 11 | 0 |
| 30 Jun 21 | 16 | 10 | 8 | 0 |
| 31 Mar 21 | 13 | 8 | 8 | 0 |
| 31 Dec 20 | 14 | 5 | 7 | 0 |
| 30 Sep 20 | 16 | 8 | 7 | 0 |
| 30 Jun 20 | 16 | -2 | 9 | 0 |
| 31 Mar 20 | 17 | -1 | 9 | 0 |
| 31 Dec 19 | 16 | -1 | 8 | 0 |
| 29 Sep 19 | 14 | -2 | 6 | 0 |
| 31 Mar 19 | 13 | 7 | 5 | 0 |
| 31 Dec 18 | 12 | 7 | 5 | 0 |
| 31 Dec 17 | 11 | 3 | 8 | 0 |
| 31 Dec 16 | 10 | 3 | 6 | 0 |
Quality Earnings: HQI has a large one-off loss of $8.7M impacting its last 12 months of financial results to 30th September, 2024.
Growing Profit Margin: HQI's current net profit margins (5.7%) are lower than last year (23.5%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: HQI has become profitable over the past 5 years, growing earnings by 19.5% per year.
Accelerating Growth: HQI's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: HQI had negative earnings growth (-75.7%) over the past year, making it difficult to compare to the Professional Services industry average (10.2%).
Return on Equity
High ROE: HQI's Return on Equity (3.3%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/30 01:59 |
| End of Day Share Price | 2024/12/30 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
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Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
HireQuest, Inc. is covered by 2 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Kevin Steinke | Barrington Research Associates, Inc. |
| Michael Baker | D.A. Davidson & Co. |