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Horizon Bancorp (HBNC) Earnings Expected to Grow: What to Know Ahead of Next Week's Release
HBNCHorizon Bancorp(HBNC) ZACKS·2025-01-15 16:06

Company Overview - Horizon Bancorp (HBNC) is expected to report a year-over-year increase in earnings, with a projected EPS of 0.39,reflectingan18.20.39, reflecting an 18.2% increase [3] - Revenues are anticipated to reach 61.53 million, marking a significant increase of 182.1% from the previous year [3] Earnings Expectations - The earnings report is scheduled for January 22, 2025, and the actual results will be crucial in determining the stock's near-term price movement [2] - A positive earnings surprise could lead to a stock price increase, while a miss may result in a decline [2] Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] - The Most Accurate Estimate for Horizon Bancorp is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +4.24% [10] Historical Performance - Horizon Bancorp has a strong track record, having beaten consensus EPS estimates in the last four quarters, including a +10.81% surprise in the most recent quarter [12][13] Industry Context - In the broader Zacks Banks - Northeast industry, Pathward Financial (CASH) is also expected to report earnings, with an EPS estimate of 1.14,reflectingayearoveryearincreaseof7.61.14, reflecting a year-over-year increase of 7.6% [17] - Pathward's revenue is projected to be 172.98 million, up 6.3% from the previous year, but it currently has a negative Earnings ESP of -0.88% [18]