Home Bancorp Q1 2024 GAAP EPS $1.14 Beats $0.97 Estimate, Sales $28.901M Beat $28.450M Estimate
Portfolio Pulse from Benzinga Newsdesk
Home Bancorp (NASDAQ:HBCP) reported Q1 2024 earnings of $1.14 per share, surpassing the consensus estimate of $0.97 by 17.53%. Quarterly sales were $28.901M, exceeding estimates of $28.450M by 1.59%, but represented an 8.53% decrease from the previous year.

April 17, 2024 | 9:22 pm
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Home Bancorp reported a strong Q1 2024 with earnings and sales beating estimates, though sales decreased compared to last year.
Beating both earnings and sales estimates typically has a positive impact on a company's stock price in the short term. However, the year-over-year decrease in sales might temper investor enthusiasm, suggesting a nuanced but overall positive short-term outlook.
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