Heartland Financial USA Inc reports results for the quarter ended in March - Earnings Summary

Heartland Financial USA

24/04/2023 23:01

* Heartland Financial USA Inc  HTLF.OQ  reported quarterly
adjusted earnings of $1.19​​ per share for the quarter ended in
March. The mean expectation of five analysts for the quarter was
for earnings of $1.32 per share.
    * Revenue rose 7.7% to $182.21 million from a year ago;
analysts
expected $192.62 million. 
    * Heartland Financial USA Inc's reported EPS for the quarter
was
$1.19​.
    * The mean earnings estimate of analysts had risen by
about 2.1%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Heartland Financial USA Inc shares had fallen by 5.9% this
quarter and lost 22.6% so far this year.
    * The company reported quarterly net income of $50.76
million.
    * Wall Street's median 12-month price target for Heartland
Financial USA Inc is $47.50 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
April 24 at 10:01 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.32           1.19           Missed
 Dec. 31 2022      1.34           1.37           Beat
 Sep. 30 2022      1.26           1.28           Beat
 Jun. 30 2022      1.05           1.17           Beat