Horizon Bancorp (HBNC) Beats Q2 Earnings and Revenue Estimates

This quarterly report represents an earnings surprise of 3.23%. A quarter ago, it was expected that this bank holding company would post earnings of $0.30 per share when it actually produced earnings of $0.32, delivering a surprise of 6.67%. Horizon Bancorp, which belongs to the Zacks Banks - Northeast industry, posted revenues of $55.76 million for the quarter ended June 2024, surpassing the Zacks Consensus Estimate by 1.33%. This compares to year-ago revenues of $57.16 million. The company has topped cons ...