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Stock impact report

Heritage Commerce (HTBK) Q3 Earnings Match Estimates [Yahoo! Finance]

Heritage Commerce Corp (HTBK) 
Last heritage commerce corp earnings: 4/23 05:35 pm Check Earnings Report
US:NASDAQ Investor Relations: heritagecommercecorp.com
Company Research Source: Yahoo! Finance
This compares to earnings of $0.26 per share a year ago. These figures are adjusted for non-recurring items. A quarter ago, it was expected that this holding company for Heritage Bank of Commerce would post earnings of $0.19 per share when it actually produced earnings of $0.15, delivering a surprise of -21.05%. Over the last four quarters, the company has not been able to surpass consensus EPS estimates. Heritage Commerce , which belongs to the Zacks Banks - West industry, posted revenues of $42.16 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 2.28%. This compares to year-ago revenues of $47.59 million. The company has not been able to beat consensus revenue estimates over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Heritage Commerce shares have lost about 2. Show less Read more
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