Heritage Commerce (HTBK) Beats Q4 Earnings and Revenue Estimates

分组1 - Heritage Commerce (HTBK) reported quarterly earnings of $0.28 per share, exceeding the Zacks Consensus Estimate of $0.23 per share, and up from $0.17 per share a year ago [1][2] - The earnings surprise for the quarter was +20.02%, and the company has surpassed consensus EPS estimates in all four of the last quarters [2] - The company posted revenues of $53.62 million for the quarter, which was 7.24% above the Zacks Consensus Estimate and an increase from $46.37 million year-over-year [3] 分组2 - Heritage Commerce shares have increased approximately 12.1% since the beginning of the year, outperforming the S&P 500's gain of 0.4% [4] - The current consensus EPS estimate for the upcoming quarter is $0.21 on revenues of $50.05 million, and for the current fiscal year, it is $0.95 on revenues of $207.3 million [8] - The Zacks Industry Rank for Banks - West is in the top 33% of over 250 Zacks industries, indicating a favorable outlook for the industry [9]