Hilltop Holdings Inc reports results for the quarter ended in January - Earnings Summary

Hilltop Holdings

25/07/2024 23:20

* Hilltop Holdings Inc  HTH.N  reported quarterly adjusted
earnings of 31 cents​​ per share for the quarter ended in
January, higher than the same quarter last year, when the
company reported EPS of 28 cents.  The mean expectation of
four analysts for the quarter was for earnings of 26 cents per
share. Wall Street expected results to range from 20 cents to 29
cents per share.
    * Revenue fell 12.4% to $103.65 million from a year ago;
analysts
expected $105.98 million. 
    * Hilltop Holdings Inc's reported EPS for the quarter was 31
cents​.
    * The company reported quarterly net income of $20.33
million.
    * Hilltop Holdings Inc shares had risen by 9.0% this
quarter and
lost 3.2% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 1% in
the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for Hilltop Holdings
Inc is $33.00 
This summary was machine generated from LSEG data July 25 at
10:20 p.m. UTC. ​All figures in US dollars unless otherwise
stated. (For questions concerning the data in this report,
contact Estimates.Support@lseg.com. For any other questions or
feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2024      0.26           0.31           Beat
 Mar. 31 2024      0.26           0.42           Beat
 Dec. 31 2023      0.40           0.44           Beat
 Sep. 30 2023      0.48           0.57           Beat