Heritage Financial Corp expected to post earnings of 59  cents a share - Earnings Preview

Heritage Financial

18/04/2023 13:59

* Heritage Financial Corp  HFWA.OQ   HFWA.O  is expected
to show a
rise in quarterly revenue when it reports  results on April 20. 
    * The Olympia Washington-based  company is expected to
report  a
16.2% increase in revenue to $68.635 million from $59.06 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 59 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 $19.86.
​​​

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 2022  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. 31 2022  0.37        0.38       0.56      Beat    49.3
 ​​Dec.        0.45        0.46       0.55      Beat    20.4
 31 2021                                                
 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
 This summary was machine generated April 18 at 12:59 GMT.  All
figures in US dollars  unless otherwise stated