HyreCar (HYRE) Set to Announce Earnings on Thursday

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HyreCar (NASDAQ:HYRE) is scheduled to be releasing its earnings data after the market closes on Thursday, November 8th. Analysts expect HyreCar to post earnings of ($0.20) per share for the quarter.

HyreCar (NASDAQ:HYRE) last released its quarterly earnings results on Monday, August 13th. The company reported ($0.92) earnings per share for the quarter. The firm had revenue of $2.27 million for the quarter. On average, analysts expect HyreCar to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

NASDAQ HYRE opened at $2.06 on Thursday. HyreCar has a 1-year low of $1.95 and a 1-year high of $6.50.

Separately, Taglich Brothers began coverage on shares of HyreCar in a research report on Wednesday, October 24th. They issued a “speculative buy” rating and a $4.00 price target for the company.

HyreCar Company Profile

HyreCar Inc operates a Web-based car-sharing marketplace in the United States. Its marketplace allows car owners to rent their idle cars to ride-sharing service drivers, such as Uber and Lyft drivers. The company has a strategic partnership with DriveItAway and the PassTime to deliver dealer-focused vehicle tracking and inventory management solution.

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