Heritage Financial: Q1 Earnings Insights

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Heritage Financial 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:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 0.63 0.51 0.45 0.37
EPS Actual 0.64 0.59 0.52 0.56
Revenue Estimate 69.09M 61.57M 56.89M 53.22M
Revenue Actual 69.69M 66.74M 57.06M 55.48M

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.

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