Horizon Bancorp Inc reports results for the quarter ended in December - Earnings Summary

Horizon Bancorp

27/01/2022 02:45

* Horizon Bancorp Inc  HBNC.OQ  reported quarterly adjusted
earnings of 53 cents​​ per share for the quarter ended in
December. The mean expectation of five analysts for the quarter
was for earnings of 53 cents per share.
    * Revenue fell 0.9% to $62.80 million from a year ago; 
analysts
expected $63.82 million. 
    * Horizon Bancorp Inc's reported EPS for the quarter was 49
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Horizon Bancorp Inc shares had risen by 7.3% this quarter.
    * The company reported quarterly net income of $21.43
million.
    * Wall Street's median 12-month price target for Horizon
Bancorp
Inc is $24.00 
    * 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." 

This summary was machine generated January 27 at 02:45 a.m.
 ​All figures in US dollars unless otherwise stated