Hanmi Financial Corp reports results for the quarter ended in January - Earnings Summary

Hanmi Financial

23/07/2024 22:52

* Hanmi Financial Corp  HAFC.OQ  reported quarterly adjusted
earnings of 48 cents​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of 67 cents.  The mean expectation of six analysts
for the quarter was for earnings of 47 cents per share. Wall
Street expected results to range from 43 cents to 52 cents per
share.
    * Revenue fell 10.5% to $56.68 million from a year ago;
analysts
expected $58.70 million. 
    * Hanmi Financial Corp's reported EPS for the quarter was 48
cents​.
    * The company reported quarterly net income of $14.45
million.
    * Hanmi Financial Corp shares had risen by 19.9% this
quarter and
gained 3.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
in the last three months.​ 
    * In the last 30 days, there have been no earnings estimate
revisions by analysts covering the company.

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 6
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Hanmi Financial
Corp is $17.00 
This summary was machine generated from LSEG data July 23 at
09:52 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.47           0.48           Beat
 Mar. 31 2024      0.52           0.50           Missed
 Dec. 31 2023      0.59           0.61           Beat
 Sep. 30 2023      0.62           0.62           Met