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Stock impact report

Heritage Commerce Corp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now [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
could have a notable impact on how the market views the stock. Heritage Commerce missed analyst forecasts, with revenues of US$42m and statutory earnings per share (EPS) of US$0.17, falling short by 2.4% and 6.4% respectively. Following the result, the analysts have updated their earnings model, and it would be good to know whether they think there's been a strong change in the company's prospects, or if it's business as usual. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results. Check out our latest analysis for Heritage Commerce Following the recent earnings report, the consensus from six analysts covering Heritage Commerce is for revenues of US$177.1m in 2024. This implies a small 2.4% decline in revenue compared to the last 12 months. Statutory earnings per share are expected to drop 12% to US$0.80 in the same period. Before this earnings report, the analysts had been forecasting revenues of Show less Read more
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