Home Bancorp Q2 2024 GAAP EPS $1.02 Beats $0.98 Estimate, Sales $29.393M Beat $28.467M Estimate
Portfolio Pulse from Benzinga Newsdesk
Home Bancorp (NASDAQ:HBCP) reported Q2 2024 earnings per share (EPS) of $1.02, beating the analyst estimate of $0.98. Sales were $29.393 million, also surpassing the estimate of $28.467 million. Despite beating estimates, both EPS and sales were down compared to the same period last year.
July 17, 2024 | 8:38 pm
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Home Bancorp reported Q2 2024 EPS of $1.02, beating the estimate of $0.98. Sales were $29.393 million, also surpassing the estimate of $28.467 million. Despite beating estimates, both EPS and sales were down compared to the same period last year.
The positive earnings and sales surprise are likely to have a short-term positive impact on the stock price. However, the year-over-year decline in both metrics may temper investor enthusiasm.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100