Horizon Bancorp Inc expected to post earnings of 44 cents a share - Earnings Preview

Horizon Bancorp

26/10/2021 02:47

* Horizon Bancorp Inc  HBNC.OQ   HBNC.O  is expected to show a
fall in quarterly revenue when it reports results on October
27. 
* The Michigan City, Indiana-based company is expected to report
 a 1.2% decrease in revenue to $59.384 million from $60.1
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Horizon Bancorp Inc is
for earnings of 44 cents per share. For the same quarter last
year, the company reported earnings of 46 cents per share.
* The current average analyst rating on the shares is "buy" and
the breakdown of recommendations is 5 "strong buy" or "buy," no
"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 $21​, about 9.8% above​ its last closing price
of $18.95. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.44        0.44       0.50      Beat    14.7
 Mar. 31 2021  0.42        0.40       0.46      Beat    13.9
 Dec. 31 2020  0.39        0.40       0.57      Beat    44.1​
 Sep. 30 2020  0.36        0.36       0.46      Beat    28.9
 Jun.          0.23​       0.22       0.33      Beat    48.6​
 30​ 2020​                                              
 Mar. 31 2020  0.27        0.30       0.26      Missed  -13.3​
 Dec. 31 2019  0.43        0.42       0.41      Missed  -2.4
 Sep. 30 2019  0.42        0.42       0.46      Beat    10
 This summary was machine generated October 26 at 01:47 GMT.  All
figures in US dollars unless otherwise stated