PGC - HBT Financial Matches Q1 Earnings Estimates | Benzinga
HBT Financial (NASDAQ: HBT) came out with quarterly earnings of $0.57 per share, in line with the Zacks Consensus Estimate. This compares to earnings of $0.64 per share a year ago. These figures are adjusted for non-recurring items.
A quarter ago, it was expected that this bank holding company would post earnings of $0.60 per share when it actually produced earnings of $0.60, delivering no surprise.
Over the last four quarters, the company has surpassed consensus EPS estimates just once.
HBT Financial, which belongs to the Zacks Banks - Northeast industry, posted revenues of $52.31 million for the quarter ended March 2024, missing the Zacks Consensus Estimate by 7.07%. This compares to year-ago revenues of $54.27 million. The company has not been able to beat consensus revenue estimates over the last four quarters.
The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call.
HBT Financial shares have lost about 12.3% since the ...