Heritage Financial Corp expected to post earnings of 38  cents a share - Earnings Preview

Heritage Financial

19/04/2022 14:23

* Heritage Financial Corp  HFWA.OQ   HFWA.O  is expected
to show a
fall in quarterly revenue when it reports  results on April 21. 
    * The Olympia Washington-based  company is expected to
report  a
12.0% decrease in revenue to $53.217 million from $60.49 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Heritage Financial
Corp
is for earnings of 38 cents per share. For the same quarter last
year, the company reported earnings of 70 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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
Financial Corp is $27​, above​ its last closing price of $24.23.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.45        0.46       0.55      Beat    20.4
 Sep. 30 2021  0.52        0.52       0.58      Beat    11.2
 Jun. 30 2021  0.51        0.51       0.90      Beat    76.2​
 Mar. 31 2021  0.50        0.52       0.70      Beat    34.8
 ​​Dec.        0.47        0.46       0.66      Beat    43.5
 31 2020                                                
 Sep. 30 2020  0.38        0.38       0.46      Beat    22​
 Jun. 30 2020  0.17        0.17       -0.17     Missed  -197.7
 Mar. 31 2020  0.26        0.32       0.33      Beat    4.8
 This summary was machine generated April 19 at 13:23 GMT.  All
figures in US dollars  unless otherwise stated