Home Bancorp (HBCP) Beats Q3 Earnings and Revenue Estimates

Financial Performance - Home Bancorp reported quarterly earnings of $1.18 per share, exceeding the Zacks Consensus Estimate of $0.97 per share, but down from $1.22 per share a year ago, representing an earnings surprise of 21.65% [1] - The company posted revenues of $34.07 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 2.94% and up from $33.91 million year-over-year [1] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is $1.04 on revenues of $32.95 million, and for the current fiscal year, it is $4.09 on revenues of $132 million [4] - The estimate revisions trend for Home Bancorp is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [4] Industry Context - The Banks - Southeast industry, to which Home Bancorp belongs, is currently in the bottom 33% of over 250 Zacks industries, suggesting potential challenges for stock performance [5] - Another company in the same industry, WesBanco, is expected to report quarterly earnings of $0.52 per share, reflecting a year-over-year decline of 11.9% [5]