Heartland Financial USA Inc expected to post earnings of $1.10 a share - Earnings Preview

Heartland Financial USA

26/01/2024 21:05

* Heartland Financial USA Inc  HTLF.OQ   HTLF.O  is expected
to show a fall in quarterly revenue when it reports  results on
January 29 for the period ending December 31 2023
    * The Denver Colorado-based  company is expected to report a
7.8% decrease in revenue to $179.992 million from $195.2 million
a year ago, according to the mean estimate from 3 analysts,
based on LSEG data. (SAL represents Total/Operating revenue)
    * ​LSEG's mean analyst estimate for Heartland Financial USA
Inc is
for earnings of $1.10 per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for Heartland
Financial USA Inc is $40.50​, above​ its last closing price
of $37.47. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  1.09        1.09       1.08      Missed  -1.4
 Jun. 30 2023  1.11        1.13       1.11      Missed  -1.8
 Mar. 31 2023  1.32        1.32       1.19      Missed  -9.5​
 Dec. 31 2022  1.34        1.34       1.37      Beat    2.3
 ​​Sep.        1.27        1.26       1.28      Beat    1.3
 30 2022                                                
 Jun. 30 2022  1.06        1.05       1.17      Beat    11​
 Mar. 31 2022  1.04        1.04       1.12      Beat    8.1
 Dec. 31 2021  1.22        1.22       1.12      Missed  -8.2
 This summary was machine generated January 26 at 21:05 GMT.  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)