Horizon Technology Finance (HRZN) Beats Q3 Earnings and Revenue Estimates

Core Insights - Horizon Technology Finance (HRZN) reported quarterly earnings of $0.31 per share, exceeding the Zacks Consensus Estimate of $0.28 per share, but down from $0.32 per share a year ago, resulting in an earnings surprise of +10.71% [1] - The company generated revenues of $26.32 million for the quarter ended September 2025, surpassing the Zacks Consensus Estimate by 12.49% and increasing from $24.56 million year-over-year [2] - Horizon Technology Finance shares have declined approximately 32.5% year-to-date, contrasting with the S&P 500's gain of 16.9% [3] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $0.29 on revenues of $23.83 million, and for the current fiscal year, it is $1.11 on revenues of $96.26 million [7] - The estimate revisions trend for Horizon Technology Finance was mixed prior to the earnings release, resulting in a Zacks Rank 3 (Hold), indicating expected performance in line with the market [6] Industry Context - The Financial - SBIC & Commercial Industry, to which Horizon Technology Finance belongs, is currently ranked in the bottom 17% of over 250 Zacks industries, suggesting potential challenges ahead [8] - Another company in the same industry, Palmer Square Capital BDC Inc. (PSBD), is expected to report quarterly earnings of $0.41 per share, reflecting a year-over-year decline of -14.6% [9]