Heritage Financial's Earnings Outlook
Portfolio Pulse from Benzinga Insights
Heritage Financial (NASDAQ:HFWA) is expected to release its quarterly earnings report on January 25, 2024, with an estimated EPS of $0.45. Investors are looking for an earnings beat and positive guidance for future growth. Historically, HFWA's stock price has shown varied reactions to past earnings results, with a 3.82% drop after last quarter's beat. Currently trading at $20.61, the stock has declined 25.54% over the past year, indicating potential concern among long-term shareholders ahead of the earnings release.
January 24, 2024 | 7:01 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
Heritage Financial is anticipated to report quarterly earnings with an EPS estimate of $0.45. Investors are focused on earnings performance and future guidance. The stock has experienced a significant decline over the past year, which may be a concern for shareholders.
The short-term impact on HFWA's stock price will likely depend on whether the company beats the earnings estimate and provides positive guidance. Historical data shows mixed stock price reactions to past earnings reports, making it challenging to predict the direction with high certainty. The recent downward trend in the stock price may also influence investor sentiment.
CONFIDENCE 75
IMPORTANCE 80
RELEVANCE 100