Heritage Financial: Q1 Earnings Insights


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


Heritage Financial (NASDAQ:HFWA) reported its Q1 earnings results on Thursday, April 20, 2023 at 08:00 AM.

Here's what investors need to know about the announcement.

Earnings

Heritage Financial missed estimated earnings by 1.69%, reporting an EPS of $0.58 versus an estimate of $0.59.

Revenue was up $12.62 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 1.04% increase in the share price the next day.

Here's a look at Heritage Financial's past performance:

QuarterQ4 2022Q3 2022Q2 2022Q1 2022
EPS Estimate0.630.510.450.37
EPS Actual0.640.590.520.56
Revenue Estimate69.09M61.57M56.89M53.22M
Revenue Actual69.69M66.74M57.06M55.48M

To track all earnings releases for Heritage Financial visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.


27% profits every 20 days?

This is what Nic Chahine averages with his options buys. Not selling covered calls or spreads... BUYING options. Most traders don't even have a winning percentage of 27% buying options. He has an 83% win rate. Here's how he does it.


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Posted In: EarningsBZI-Recaps