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Heritage Commerce (HTBK) Reports Q1 Earnings: What Key Metrics Have to Say
HTBKHeritage merce p(HTBK) Zacks Investment Research·2024-04-26 01:31

Heritage Commerce (HTBK) reported 42.14millioninrevenueforthequarterendedMarch2024,representingayearoveryeardeclineof1942.14 million in revenue for the quarter ended March 2024, representing a year-over-year decline of 19%. EPS of 0.17 for the same period compares to 0.31ayearago.ThereportedrevenuecomparestotheZacksConsensusEstimateof0.31 a year ago.The reported revenue compares to the Zacks Consensus Estimate of 43.83 million, representing a surprise of -3.86%. The company delivered an EPS surprise of -10.53%, with the consensus EPS estimate being $0.19.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- ...