Heritage Financial Corp expected to post earnings of 45  cents a share - Earnings Preview

Heritage Financial

19/07/2022 15:36

* Heritage Financial Corp  HFWA.OQ   HFWA.O  is expected
to show a
fall in quarterly revenue when it reports  results on July 21. 
    * The Olympia Washington-based  company is expected to
report  a
9.1% decrease in revenue to $56.895 million from $62.56 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 45 cents per share. For the same quarter last
year, the company reported earnings of 90 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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 Heritage
Financial Corp is $29​, above​ its last closing price of $25.74.
​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.37        0.38       0.56      Beat    49.3
 Dec. 31 2022  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.        0.50        0.52       0.70      Beat    34.8
 31 2021                                                
 Dec. 31 2020  0.47        0.46       0.66      Beat    43.5​
 Sep. 30 2020  0.38        0.38       0.46      Beat    22
 Jun. 30 2020  0.17        0.17       -0.17     Missed  -197.7
 This summary was machine generated July 19 at 14:36 GMT.  All
figures in US dollars  unless otherwise stated