Horizon Bancorp (NASDAQ:HBNC) reported its Q4 earnings results on Wednesday, January 24, 2024 at 04:05 PM.
Here’s what investors need to know about the announcement.
Earnings
Horizon Bancorp beat estimated earnings by 6.45%, reporting an EPS of $0.33 versus an estimate of $0.31.
Revenue was down $37.65 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01 which was followed by a 0.21% drop in the share price the next day.
Here’s a look at Horizon Bancorp’s past performance:
| Quarter | Q3 2023 | Q2 2023 | Q1 2023 | Q4 2022 |
|---|---|---|---|---|
| EPS Estimate | 0.36 | 0.37 | 0.40 | 0.51 |
| EPS Actual | 0.37 | 0.41 | 0.43 | 0.48 |
| Revenue Estimate | 55.46M | 55.97M | 58.37M | 65.04M |
| Revenue Actual | 53.92M | 57.16M | 54.86M | 59.46M |
To track all earnings releases for Horizon Bancorp visit their earnings calendar here.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
