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HFWABearishEarningsnews
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Heritage Financial (HFWA) Q2 Earnings Beat Estimates

Jul 25, 2024, 10:21 AM EDT1 sourcesAI-analyzed

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HFWA earnings surpassed estimates at $0.45 per share, a 9.76% surprise. Quarterly revenue missed estimates at $56.36 million, down from $63.11 million. Zacks Rank #4 indicates expected stock underperformance, with unfavorable estimate revisions. Industry rank in bottom 32% may hinder HFWA's stock performance. Heritage Financial has only surpassed EPS estimates twice over the last four quarters.

  • HFWA earnings surpassed estimates at $0.45 per share, a 9.76% surprise.
  • Quarterly revenue missed estimates at $56.36 million, down from $63.11 million.
  • Zacks Rank #4 indicates expected stock underperformance, with unfavorable estimate revisions.
  • Industry rank in bottom 32% may hinder HFWA's stock performance.
  • Heritage Financial has only surpassed EPS estimates twice over the last four quarters.

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