Heritage Commerce Corp expected to post earnings of 22 cents a share - Earnings Preview

Heritage Commerce

24/01/2022 23:54

* Heritage Commerce Corp  HTBK.OQ   HTBK.O  is expected
to show a
rise in quarterly revenue when it reports  results on January 26
(estimated). 
    * The San Jose California-based  company is expected to
report  a
13.1% increase in revenue to $38.698 million from $34.21 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Heritage Commerce
Corp is
for earnings of 22 cents per share. For the same quarter last
year, the company reported earnings of 19 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 $13.75​, about 8.3% above​ its last closing price
of $12.61. ​​​
    * 

This summary was machine generated January 24 at 23:54 GMT.  All
figures in US dollars  unless otherwise stated