Published on 25 Oct 2023 on Zacks via Yahoo Finance
Heritage Commerce (HTBK) came out with quarterly earnings of $0.26 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.30 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this holding company for Heritage Bank of Commerce would post earnings of $0.29 per share when it actually produced earnings of $0.27, delivering a surprise of -6.90%.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.