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Here's What Key Metrics Tell Us About Heritage Commerce (HTBK) Q2 Earnings
HTBKHeritage merce p(HTBK) ZACKS·2024-07-26 01:31

Heritage Commerce (HTBK) reported 41.73millioninrevenueforthequarterendedJune2024,representingayearoveryeardeclineof13.741.73 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 13.7%. EPS of 0.15 for the same period compares to 0.27ayearago.Thereportedrevenuerepresentsasurpriseof3.730.27 a year ago. The reported revenue represents a surprise of -3.73% over the Zacks Consensus Estimate of 43.35 million. With the consensus EPS estimate being $0.19, the EPS surprise was -21.05%. While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to de ...