Howard Bancorp (HBMD) Q3 Earnings Match Estimates

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Howard Bancorp (HBMD) Q3 Earnings Match Estimates

Howard Bancorp (HBMD) got here out with quarterly earnings of $0.27 per share, consistent with the


Howard Bancorp (HBMD) got here out with quarterly earnings of $0.27 per share, consistent with the Zacks Consensus Estimate. This compares to earnings of $0.21 per share a 12 months in the past. These figures are adjusted for non-recurring gadgets.

1 / 4 in the past, it was anticipated that this financial institution holding firm would put up earnings of $0.26 per share when it really produced earnings of $0.25, delivering a shock of -3.85%.

Over the past 4 quarters, the corporate has surpassed consensus EPS estimates simply as soon as.

Howard Bancorp, which belongs to the Zacks Banks – Northeast trade, posted revenues of $22.25 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 3.84%. This compares to year-ago revenues of $22.50 million. The corporate has topped consensus income estimates two instances over the past 4 quarters.

The sustainability of the inventory’s rapid value motion primarily based on the recently-released numbers and future earnings expectations will principally rely upon…



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