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Compared to Estimates, Home Bancorp (HBCP) Q2 Earnings: A Look at Key Metrics
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Home Bancorp (HBCP - Free Report) reported $33.15 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 1.8%. EPS of $1.02 for the same period compares to $1.21 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $31.9 million, representing a surprise of +3.91%. The company delivered an EPS surprise of +4.08%, with the consensus EPS estimate being $0.98.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Home Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Net Interest Margin: 3.7% versus 3.6% estimated by two analysts on average.
Efficiency Ratio: 65.8% versus 67% estimated by two analysts on average.
Total Noninterest Income: $3.76 million versus $3.55 million estimated by two analysts on average.
Net Interest Income: $29.39 million versus the two-analyst average estimate of $28.35 million.
Shares of Home Bancorp have returned +18.4% over the past month versus the Zacks S&P 500 composite's +4.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.
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Compared to Estimates, Home Bancorp (HBCP) Q2 Earnings: A Look at Key Metrics
Home Bancorp (HBCP - Free Report) reported $33.15 million in revenue for the quarter ended June 2024, representing a year-over-year decline of 1.8%. EPS of $1.02 for the same period compares to $1.21 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $31.9 million, representing a surprise of +3.91%. The company delivered an EPS surprise of +4.08%, with the consensus EPS estimate being $0.98.
While investors scrutinize revenue and earnings changes year-over-year and how they compare with Wall Street expectations to determine their next move, some key metrics always offer a more accurate picture of a company's financial health.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Home Bancorp performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Net Interest Margin: 3.7% versus 3.6% estimated by two analysts on average.
- Efficiency Ratio: 65.8% versus 67% estimated by two analysts on average.
- Total Noninterest Income: $3.76 million versus $3.55 million estimated by two analysts on average.
- Net Interest Income: $29.39 million versus the two-analyst average estimate of $28.35 million.
View all Key Company Metrics for Home Bancorp here>>>Shares of Home Bancorp have returned +18.4% over the past month versus the Zacks S&P 500 composite's +4.4% change. The stock currently has a Zacks Rank #3 (Hold), indicating that it could perform in line with the broader market in the near term.