Horizon Bancorp: Q4 Earnings Insights

Horizon Bancorp 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.

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HBNCHorizon Bancorp (IN)
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