Horizon Bancorp Inc expected to post earnings of 37 cents a share - Earnings Preview

Horizon Bancorp

20/01/2025 21:04

* Horizon Bancorp Inc  HBNC.OQ   HBNC.O  is expected to show
a
rise in quarterly revenue when it reports  results on January 22
for the period ending December 31 2024
    * The Michigan City Indiana-based  company is expected to
report a
153.1% increase in revenue to $55.188 million from $21.81
million a year ago, according to the mean estimate from 5
analysts, based on LSEG data. (SAL is on Sales/ Revenue Basis)
    * ​LSEG's mean analyst estimate for Horizon Bancorp Inc is
for
earnings of 37 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 Horizon
Bancorp
Inc is $19.50​, above​ its last closing price of $15.83. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2024  0.37        0.37       0.41      Beat    10.9
 Jun. 30 2024  0.32        0.31       0.32      Beat    2.2
 Mar. 31 2024  0.32        0.31       0.32      Beat    3​
 Dec. 31 2023  0.31        0.31       0.33      Beat    7.5
 ​​Sep.        0.36        0.36       0.37      Beat    1.5
 30 2023                                                
 Jun. 30 2023  0.36        0.37       0.43      Beat    14.7​
 Mar. 31 2023  0.41        0.40       0.42      Beat    3.8
 Dec. 31 2022  0.51        0.51       0.48      Missed  -5.1
 This summary was machine generated January 20 at 21:04 GMT.  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)