Home BancShares Inc reports results for the quarter ended December 31 - Earnings Summary

Home BancShares

15/01/2025 22:42

* Home BancShares Inc  HOMB.N  reported quarterly adjusted
earnings of 50 cents​​ per share for the quarter ended December
31, higher than the same quarter last year, when the company
reported EPS of 48 cents.  The mean expectation of
eight analysts for the quarter was for earnings of 52 cents per
share. Wall Street expected results to range from 46 cents to 55
cents per share.
    * Revenue rose 5.2% to $258.36 million from a year ago;
analysts
expected $256.70 million. 
    * Home BancShares Inc's reported EPS for the quarter was 51
cents​.
    * The company reported quarterly net income of $100.56
million.
    * Home BancShares Inc shares had risen by 0.6% this quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.2%
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 "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "buy"

Wall Street's median 12-month price target for Home BancShares
Inc is $34.00 
This summary was machine generated from LSEG data January 15 at
10:40 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
 Dec. 31 2024      0.52           0.50           Missed
 Sep. 30 2024      0.53           0.50           Missed
 Jun. 30 2024      0.49           0.52           Beat
 Mar. 31 2024      0.46           0.49           Beat