Heritage Financial Corp expected to post earnings of 52 cents a share - Earnings Preview

Heritage Financial

19/10/2021 15:47

* Heritage Financial Corp  HFWA.OQ   HFWA.O  is expected to show
a rise in quarterly revenue when it reports results on October
21. 
* The Olympia, Washington-based company is expected to report  a
4.4% increase in revenue to $60.426 million from $57.89 million
a year ago, according to the mean estimate from 4 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Heritage Financial Corp
is for earnings of 52 cents per share. For the same quarter last
year, the company reported earnings of 46 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "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 $26.25​, about 5.9% above​ its last closing
price of $24.69. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 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. 31 2020  0.47        0.46       0.66      Beat    43.5​
 Sep. 30 2020  0.38        0.38       0.46      Beat    22
 Jun.          0.17​       0.17       -0.17     Missed  -197.7
 30​ 2020​                                              ​
 Mar. 31 2020  0.26        0.32       0.33      Beat    4.8​
 Dec. 31 2019  0.46        0.46       0.47      Beat    2.5
 Sep. 30 2019  0.47        0.47       0.48      Beat    2.4
 This summary was machine generated October 19 at 14:47 GMT.  All
figures in US dollars unless otherwise stated