HBT Finl Q2 Adj $0.57 Beats $0.56 Estimate, Sales $56.64M Miss $57.01M Estimate
Portfolio Pulse from Benzinga Newsdesk
HBT Financial (NASDAQ:HBT) reported Q2 earnings of $0.57 per share, beating the analyst estimate of $0.56. However, sales of $56.64 million missed the $57.01 million estimate. Both earnings and sales showed a decline compared to the same period last year.
July 22, 2024 | 11:10 am
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HBT Financial reported Q2 earnings of $0.57 per share, beating the analyst estimate of $0.56. However, sales of $56.64 million missed the $57.01 million estimate. Both earnings and sales showed a decline compared to the same period last year.
While HBT Financial's earnings per share beat analyst expectations, the miss on sales and the year-over-year decline in both earnings and sales may create mixed sentiment among investors. The short-term impact on the stock price is likely to be neutral as the positive earnings surprise is offset by the sales miss and overall decline.
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IMPORTANCE 70
RELEVANCE 100