Horizon Bancorp's (NASDAQ: HBNC) third quarter financial results release is scheduled for Wednesday 23rd October 2024, before the market opens. Investors and analysts will be able to assess the company's performance during the quarter.
In accordance with the forecasts of financial specialists on Wall Street, the establishment is primed to announce an anticipated $0.37 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $59.24 million for this particular period.
According to analysts on Wall Street, the company's full-year performance is projected to result in a total revenue of $229.77 million. Additionally, they forecast the earnings per share to hit profit of $1.38 for the fiscal year.
When examining the earnings report from the corresponding quarter of the previous year, it is evident that the company showcased per-share income of $0.37. This numbers can be credited to the company's total revenue, which amounted to an impressive $53.92 million during the same quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.32 | -22.0% | 55.76 M | -2.4% |
| Q1 2024 | $0.32 | -25.6% | 53.22 M | -3.0% |
| Q4 2023 | $0.33 | -31.3% | 21.81 M | -63.3% |
| Q3 2023 | $0.37 | -32.7% | 53.92 M | -15.2% |
| Q2 2023 | $0.41 | -26.8% | 57.16 M | -12.7% |
| *Growth on year-over-year basis | ||||
HBNC will host a conference call with investment community on 24th October 2024 at 08:30 AM eastern time to discuss the financial results.
Horizon Bancorp (HBNC) closed Monday's regular trading session at $14.96, marking a 4.59 percent fall, with a volume of 166.40 thousand shares.
