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

Horizon Bancorp

27/10/2021 23:33

* Horizon Bancorp Inc  HBNC.OQ  reported quarterly adjusted
earnings of 52 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 44 cents per share.
* Revenue fell 7.9% to $55.38 million from a year ago;  analysts
expected $59.56 million. 
* The mean earnings estimate of analysts had risen by about 3.1%
in the last three months.​ 
* In the last 30 days there have been no negative revisions of
earnings estimates 
* Horizon Bancorp Inc shares had risen by 4.6% this quarter and
gained 19.8% so far this year.
* The company reported quarterly net income of $23.07 million.
* Wall Street's median 12-month price target for Horizon Bancorp
Inc is $21.00 
* 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." 
This summary was machine generated October 27 at 10:32 p.m.
 ​All figures in US dollars unless otherwise stated