Horizon Bancorp Inc expected to post earnings of 47  cents a share - Earnings Preview

Horizon Bancorp

26/04/2022 24:38

* Horizon Bancorp Inc  HBNC.OQ   HBNC.O  is expected to show
a
rise in quarterly revenue when it reports  results on April 27. 
    * The Michigan City Indiana-based  company is expected to
report 
a 8.2% increase in revenue to $61.018 million from $56.41
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 47 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
"strong 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 $25​, above​ its last closing price of $18.78. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2021  0.53        0.53       0.53      Met     0.2
 Sep. 30 2021  0.43        0.44       0.52      Beat    18.2
 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.        0.39        0.40       0.57      Beat    44.1
 31 2020                                                
 Sep. 30 2020  0.36        0.36       0.46      Beat    28.9​
 Jun. 30 2020  0.23        0.22       0.33      Beat    48.6
 Mar. 31 2020  0.27        0.30       0.26      Missed  -13.3
 This summary was machine generated April 25 at 23:38 GMT.  All
figures in US dollars  unless otherwise stated