Wall Street analysts forecast that Home Bancorp (HBCP - Free Report) will report quarterly earnings of $1 per share in its upcoming release, pointing to a year-over-year decline of 28.1%. It is anticipated that revenues will amount to $32.25 million, exhibiting a decline of 7.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Home Bancorp metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Efficiency Ratio' at 67.1%. The estimate compares to the year-ago value of 57.1%.
The consensus estimate for 'Net Interest Margin' stands at 3.7%. Compared to the current estimate, the company reported 4.2% in the same quarter of the previous year.
It is projected by analysts that the 'Total Average Interest-Earning Assets' will reach $3.12 billion. Compared to the current estimate, the company reported $3.03 billion in the same quarter of the previous year.
According to the collective judgment of analysts, 'Total Noninterest Income' should come in at $3.62 million. Compared to the present estimate, the company reported $3.31 million in the same quarter last year.
Analysts forecast 'Net Interest Income' to reach $28.55 million. Compared to the current estimate, the company reported $31.60 million in the same quarter of the previous year.
View all Key Company Metrics for Home Bancorp here>>>
Home Bancorp shares have witnessed a change of +1.4% in the past month, in contrast to the Zacks S&P 500 composite's +0.8% move. With a Zacks Rank #3 (Hold), HBCP is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Wall Street analysts forecast that Home Bancorp (HBCP - Free Report) will report quarterly earnings of $1 per share in its upcoming release, pointing to a year-over-year decline of 28.1%. It is anticipated that revenues will amount to $32.25 million, exhibiting a decline of 7.6% compared to the year-ago quarter.
Over the past 30 days, the consensus EPS estimate for the quarter has remained unchanged. This demonstrates the covering analysts' collective reassessment of their initial projections during this period.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific Home Bancorp metrics that are routinely monitored and predicted by Wall Street analysts.
The average prediction of analysts places 'Efficiency Ratio' at 67.1%. The estimate compares to the year-ago value of 57.1%.
The consensus estimate for 'Net Interest Margin' stands at 3.7%. Compared to the current estimate, the company reported 4.2% in the same quarter of the previous year.
It is projected by analysts that the 'Total Average Interest-Earning Assets' will reach $3.12 billion. Compared to the current estimate, the company reported $3.03 billion in the same quarter of the previous year.
According to the collective judgment of analysts, 'Total Noninterest Income' should come in at $3.62 million. Compared to the present estimate, the company reported $3.31 million in the same quarter last year.
Analysts forecast 'Net Interest Income' to reach $28.55 million. Compared to the current estimate, the company reported $31.60 million in the same quarter of the previous year.
View all Key Company Metrics for Home Bancorp here>>>
Home Bancorp shares have witnessed a change of +1.4% in the past month, in contrast to the Zacks S&P 500 composite's +0.8% move. With a Zacks Rank #3 (Hold), HBCP is expected closely follow the overall market performance in the near term. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
Only $1 to See All Zacks' Buys and Sells
We're not kidding.
Several years ago, we shocked our members by offering them 30-day access to all our picks for the total sum of only $1. No obligation to spend another cent.
Thousands have taken advantage of this opportunity. Thousands did not - they thought there must be a catch. Yes, we do have a reason. We want you to get acquainted with our portfolio services like Surprise Trader, Stocks Under $10, Technology Innovators,and more, that closed 228 positions with double- and triple-digit gains in 2023 alone.
See Stocks Now >>
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