Heritage Commerce Corp expected to post earnings of 18 cents a share - Earnings Preview

Heritage Commerce

21/04/2025 21:29

Heritage Commerce Corp HTBK.OQ HTBK.O is expected to show a rise in quarterly revenue when it reports  results on April 23 (estimated) for the period ending March 31 2025

The San Jose California-based  company is expected to report a 10.4% increase in revenue to $44.28 million from $40.09 million a year ago, according to the mean estimate from 5 analysts, based on LSEG data.

​LSEG's mean analyst estimate for Heritage Commerce Corp is for earnings of 18 cents per share.

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy," no "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 Heritage Commerce Corp is $11.75​, above​ its last closing price of $8.66. ​​​

Previous quarterly performance (using preferred earnings measure in US dollars). ​

QUARTER ENDING
STARMINESMARTESTIMATE®
LSEG IBES ESTIMATE
ACTUAL
BEAT, MET, MISSED
SURPRISE %
Dec. 31 2024
0.16
0.17
0.17
Met
0
Sep. 30 2024
0.16
0.17
0.17
Met
1
Jun. 30 2024
0.17
0.18
0.15
Missed
-16.7​
Mar. 31 2024
0.19
0.19
0.17
Missed
-8.9
​​Dec. 31 2023
0.23
0.24
0.22
Missed
-6.4
Sep. 30 2023
0.25
0.25
0.25
Met
-0.7​
Jun. 30 2023
0.28
0.29
0.27
Missed
-5.8
Mar. 31 2023
0.30
0.30
0.31
Beat
2

This summary was machine generated April 21 at 20:29 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)