Heritage Financial Corp expected to post earnings of 46 cents a share - Earnings Preview

Heritage Financial

25/01/2022 15:38

* Heritage Financial Corp  HFWA.OQ   HFWA.O  is expected
to show a
fall in quarterly revenue when it reports  results on January
27. 
    * The Olympia Washington-based  company is expected to
report  a
11.3% decrease in revenue to $56.55 million from $63.74 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 46 cents per share. For the same quarter last
year, the company reported earnings of 66 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​, about 5.2% above​ its last closing price
of $25.60. ​​​
    * 

This summary was machine generated January 25 at 15:38 GMT.  All
figures in US dollars  unless otherwise stated