Herit
Heritage Commerce (HTBK) got here out with quarterly earnings of $0.27 per share, beating the Zacks Consensus Estimate of $0.25 per share. This compares to earnings of $0.30 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 8%. 1 / 4 in the past, it was anticipated that this holding firm for Heritage Financial institution of Commerce would submit earnings of $0.27 per share when it truly produced earnings of $0.28, delivering a shock of three.70%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two instances.
Heritage Commerce, which belongs to the Zacks Banks – West trade, posted revenues of $41.62 million for the quarter ended December 2019, lacking the Zacks Consensus Estimate by 0.07%. This compares to year-ago revenues of $35.45 million. The corporate has not been capable of beat consensus income estimates over the past 4 quarters.
The…