Heritage Financial Corp expected to post earnings of 63cents a share - Earnings Preview

Heritage Financial

24/01/2023 14:05

* Heritage Financial Corp  HFWA.OQ   HFWA.O  is expected
to show a
rise in quarterly revenue when it reports  results on January
26. 
    * The Olympia Washington-based  company is expected to
report  a
34.0% increase in revenue to $69.086 million from $51.55 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 63 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 $35​, above​ its last closing price of $28.63.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 31 2021  0.45        0.46       0.55      Beat    20.4
 ​​Sep.        0.52        0.52       0.58      Beat    11.2
 30 2021                                                
 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
 This summary was machine generated January 24 at 14:05 GMT.  All
figures in US dollars  unless otherwise stated