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Stock impact report

Countdown to Horizon Bancorp (HBNC) Q4 Earnings: Wall Street Forecasts for Key Metrics [Yahoo! Finance]

Horizon Bancorp, Inc. (HBNC) 
Last horizon bancorp, inc. earnings: 4/29 05:30 pm Check Earnings Report
Company Research Source: Yahoo! Finance
Revenues are forecasted to be $51.5 million, representing a year-over-year decrease of 13.4%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe. Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock. While investors typically rely on consensus earnings and revenue estimates to gauge how the business may have fared during the quarter, examining analysts' projections for some of the company's key metrics often helps gain a deeper insight. With that in mind, let's delve into the average projections of some H Show less Read more
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