Published on 28 Apr 2024 on Simply Wall St. via Yahoo Finance
Heritage Commerce Corp Earnings Missed Analyst Estimates: Here's What Analysts Are Forecasting Now
It's shaping up to be a tough period for Heritage Commerce Corp (NASDAQ:HTBK), which a week ago released some disappointing quarterly results that 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
