Horizon Bancorp: Q4 Earnings Insights - Horizon Bancorp (NASDAQ:HBNC)

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.

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.

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.