Heritage Financial (US:HFWA) ZACKS·2025-01-23 15:16Company Performance - Heritage Financial (HFWA) reported quarterly earnings of $0.51 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, and up from $0.47 per share a year ago, representing an earnings surprise of 10.87% [1] - The company posted revenues of $60.96 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 0.75%, and an increase from year-ago revenues of $50.72 million [2] - Over the last four quarters, Heritage Financial has surpassed consensus EPS estimates two times and topped consensus revenue estimates once [2] Future Outlook - The sustainability of the stock's price movement will depend on management's commentary during the earnings call and the company's earnings outlook [3][4] - The current consensus EPS estimate for the coming quarter is $0.42 on revenues of $60.13 million, and for the current fiscal year, it is $1.92 on revenues of $248.67 million [7] - The estimate revisions trend for Heritage Financial is currently favorable, leading to a Zacks Rank 2 (Buy) for the stock, indicating expected outperformance in the near future [6] Industry Context - The Financial - Savings and Loan industry, to which Heritage Financial belongs, is currently in the top 11% of over 250 Zacks industries, suggesting a positive outlook for stocks within this sector [8]