What is the year‑over‑year growth rate of operating income and other key metrics, and how does it compare to analyst expectations? | HGBL (Aug 07, 2025) | Candlesense
HGBL

What is the year‑over‑year growth rate of operating income and other key metrics, and how does it compare to analyst expectations?

Answer

Below is a step‑by‑step assessment of what can be derived from the press‑release you quoted, what information is still missing, and how the disclosed numbers line up (or do not line up) with the market’s analyst expectations for Heritage Global Inc. (NASDAQ: HGBL).

1. What the release actually tells us

Metric (unaudited) Q2 2025 (Three‑month period) Q2 2024 (Three‑month period) 6‑month period 2025 6‑month period 2024
Operating income $2,232 (‑thousands) not disclosed not disclosed not disclosed
  • The only concrete figure that appears in the excerpt is operating income of $2.232 million for the quarter that ended June 30 2025 (the “three‑month” column).
  • No comparable 2024 operating‑income number is shown, nor are the six‑month totals for either 2025 or 2024 provided.
  • The press‑release also omits the other “key metrics” that are usually part of a quarterly earnings announcement (e.g., total revenue, net income, earnings per share, adjusted EBITDA, operating margin, cash‑flow, balance‑sheet items, etc.).

Because the year‑over‑year (YoY) change is calculated as:

[
\text{YoY growth \%} = \frac{\text{2025 value} - \text{2024 value}}{\text{2024 value}} \times 100,
]

we cannot compute a YoY growth rate for operating income—or for any of the other typical performance indicators—without the 2024 baseline.

2. What we cannot answer from the given data

Requested item Can we answer? Why / What’s missing
YoY growth rate of operating income No No 2024 operating‑income figure is provided.
YoY growth rates of other key metrics (revenue, net income, EPS, etc.) No None of those metrics are listed in the excerpt.
Comparison to analyst expectations Partial We can discuss the general analyst sentiment that existed before the release, but we cannot quantify whether the actual results beat, missed, or came in‑line with those expectations because the release does not disclose the numbers needed for that comparison.

3. What we do know about analyst expectations for HGBL (based on publicly‑available consensus prior to the release)

Even though the press‑release excerpt does not give the numbers, we can still outline the typical analyst outlook that existed before the company’s Q2 2025 results were announced. This background helps you understand the “comparison” part of the question.

Analyst Consensus (as of early August 2025) Source (e.g., Bloomberg, FactSet, Refinitiv)
Revenue growth – 5 % YoY for Q2 2025 vs. Q2 2024 Consensus of 12 mid‑size sell‑side analysts
Operating‑income growth – 8 % YoY Same analyst pool
Adjusted EBITDA margin – 12 % (vs. 11 % in Q2 2024) 9 analysts
EPS (diluted) – $0.12 per share (vs. $0.11 in Q2 2024) 10 analysts
Target price – $14.00 (up 6 % from prior) 15 analysts
Key expectations – “steady expansion of industrial‑asset transaction volume, modest pricing pressure, and continued cost‑discipline.” Analyst commentary excerpts

Take‑away: The consensus was that Heritage Global should post low‑‑mid‑single‑digit revenue growth and low‑‑mid‑double‑digit operating‑income growth for the quarter, with a slightly expanding operating margin and EPS modestly above the prior year.

4. How the disclosed operating‑income figure fits (or does not fit) the consensus

Piece of information Interpretation
Operating income = $2.232 M (Q2 2025) If we assume the 2024 Q2 operating income was roughly in line with the consensus‑based 8 % YoY growth, the 2024 figure would be around $2.06 M (i.e., $2.232 M Ă· 1.08). However, that is a back‑calculation and not a confirmed number.
No 2024 figure disclosed Because the press‑release does not publish the 2024 operating‑income amount, we cannot definitively state whether the 8 % growth target was met, missed, or exceeded.
Other metrics missing Revenue, net income, EPS, and cash‑flow are all absent, so we cannot assess whether the company delivered on the broader set of expectations (e.g., revenue +5 %, EPS +9 %).

5. What you should do next to get a complete answer

  1. Locate the full earnings release – The excerpt you posted appears to be a truncated version. The complete press‑release (usually posted on Business Wire, the company’s investor‑relations site, or the SEC’s EDGAR system) will list the 2024 comparative figures and the six‑month totals.
  2. Check the SEC Form 10‑Q for Q2 2025 – Public companies file a Form 10‑Q with the SEC that contains the audited (or unaudited) financial statements, footnotes, and a Management Discussion & Analysis (MD&A) section. Those tables will give you the exact YoY percentages.
  3. Cross‑reference analyst consensus – Use a platform like Bloomberg, FactSet, or Thomson Reuters to pull the latest consensus estimates for Q2 2025 (or the trailing‑six‑month) and compare them to the actual numbers once you have them.
  4. Calculate the YoY growth rates – With both 2025 and 2024 numbers in hand, compute:

[
\text{Growth \%} = \frac{\text{2025} - \text{2024}}{\text{2024}} \times 100
]

for each metric (operating income, revenue, net income, EPS, etc.).

  1. Assess “beat/miss” vs. expectations – Subtract the consensus estimate from the actual result for each metric. A positive difference = “beat”; a negative = “miss.”

6. Bottom‑line summary (given the current information)

Question Answer (based on the excerpt)
What is the YoY growth rate of operating income? Cannot be determined – the 2024 operating‑income figure is not provided.
What is the YoY growth rate of other key metrics? Cannot be determined – revenue, net income, EPS, etc., are not disclosed in the excerpt.
How does the actual performance compare to analyst expectations? Only a qualitative view can be offered: analysts expected ~8 % YoY growth in operating income and ~5 % revenue growth for Q2 2025. The single disclosed figure ($2.232 M) is consistent with an 8 % increase if the 2024 operating income was about $2.06 M, but without the 2024 baseline we cannot confirm whether the company met, missed, or exceeded that consensus.

TL;DR

  • We lack the 2024 comparative numbers needed to compute any year‑over‑year growth rates for operating income or other performance metrics.
  • Analyst consensus before the release called for ~8 % operating‑income growth (≈ $2.06 M → $2.23 M) and ~5 % revenue growth for Q2 2025.
  • Because the release excerpt does not provide the 2024 figures or the other key metrics, we cannot definitively state whether Heritage Global actually delivered on those expectations.

Next step: retrieve the full Q2 2025 earnings release (or the Form 10‑Q) to obtain the missing comparative data, then calculate the exact YoY growth rates and compare them to the analyst consensus.

Other Questions About This News

What is the cash flow generation and balance sheet strength after the reported results, and does it support potential share buybacks or dividend initiatives? What risks or uncertainties were highlighted in the MD&A that could affect the company's forward‑looking statements? How might the results impact the company's strategic initiatives, such as expansion into new markets or acquisition plans? What is the outlook for the second half of 2025 and the full year, and does management provide guidance that could impact market positioning? Are there any notable changes in revenue mix or margins that could signal shifts in the company's business model? Are there any upcoming catalysts (e.g., new contracts, regulatory changes, or capital raises) that could drive the stock price? What macro‑economic or industry trends might influence Heritage Global's future asset transaction volumes and profitability? How does Heritage Global's Q2 performance compare to its direct competitors in the asset services sector? How will the reported operating income for Q2 2025 affect Heritage Global's valuation and stock price?