Heritage Financial Corp expected to post earnings of 48  cents a share - Earnings Preview

Heritage Financial

18/07/2023 14:42

* Heritage Financial Corp  HFWA.OQ   HFWA.O  is expected
to show a
rise in quarterly revenue when it reports  results on July 20. 
    * The Olympia Washington-based  company is expected to
report  a
14.3% increase in revenue to $65.197 million from $57.06 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 48 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 $21​, above​ its last closing price of $17.44.
​​​

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 2023  0.57        0.59       0.58      Missed  -2.4
 Dec. 31 2023  0.64        0.63       0.64      Beat    0.9
 Sep. 30 2022  0.51        0.51       0.59      Beat    15.5​
 Jun. 30 2022  0.46        0.45       0.52      Beat    15
 ​​Mar.        0.37        0.38       0.56      Beat    49.3
 31 2022                                                
 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
 This summary was machine generated July 18 at 13:41 GMT.  All
figures in US dollars  unless otherwise stated