Home BancShares Inc reports results for the quarter ended in September - Earnings Summary

Home BancShares

19/10/2023 17:49

* Home BancShares Inc  HOMB.N  reported quarterly adjusted
earnings of 49 cents​​ per share for the quarter ended in
September. The mean expectation of seven analysts for the
quarter was for earnings of 48 cents per share.
    * Revenue fell 12.9% to $223.23 million from a year ago;
analysts
expected $249.35 million. 
    * Home BancShares Inc's reported EPS for the quarter was 49
cents​.
    * The mean earnings estimate of analysts had fallen by
about 1.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Home BancShares Inc shares had risen by 1.1% this
quarter and
lost 7.1% so far this year.
    * The company reported quarterly net income of $98.45
million.
    * Wall Street's median 12-month price target for Home
BancShares
Inc is $26.50 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 3
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 19 at 04:49 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.48           0.49           Beat
 Jun. 30 2023      0.51           0.52           Beat
 Mar. 31 2023      0.50           0.51           Beat
 Dec. 31 2022      0.55           0.57           Beat