Compared to Estimates, Heritage Financial (HFWA) Q4 Earnings: A Look at Key Metrics

For the quarter ended December 2024, Heritage Financial (HFWA) reported revenue of $60.96 million, up 20.2% over the same period last year. EPS came in at $0.51, compared to $0.47 in the year-ago quarter.The reported revenue compares to the Zacks Consensus Estimate of $60.5 million, representing a surprise of +0.75%. The company delivered an EPS surprise of +10.87%, with the consensus EPS estimate being $0.46.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 Heritage Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts: Efficiency Ratio: 69.3% compared to the 66.7% average estimate based on three analysts. Net Interest Margin: 3.4% versus the three-analyst average estimate of 3.3%. Total Nonperforming Assets: $5.27 million compared to the $8.88 million average estimate based on two analysts. Total Nonaccrual Loans: $4.08 million compared to the $6.13 million average estimate based on two analysts. Average Balance - Total interest earning assets: $6.31 billion versus $6.33 billion estimated by two analysts on average. Net charge-offs (recoveries) on loans to average loans receivable, net: 0% versus 0.1% estimated by two analysts on average. Total Noninterest Income: $3.29 million versus $7.40 million estimated by three analysts on average. Net Interest Income: $53.76 million versus $53.17 million estimated by three analysts on average. View all Key Company Metrics for Heritage Financial here>>>Shares of Heritage Financial have returned +0.6% over the past month versus the Zacks S&P 500 composite's +2.7% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.7 Best Stocks for the Next 30 DaysJust released: Experts distill 7 elite stocks from the current list of 220 Zacks Rank #1 Strong Buys. They deem these tickers "Most Likely for Early Price Pops."Since 1988, the full list has beaten the market more than 2X over with an average gain of +24.1% per year. So be sure to give these hand picked 7 your immediate attention. See them now >>Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report Heritage Financial Corporation (HFWA): Free Stock Analysis ReportTo read this article on Zacks.com click here.Zacks Investment ResearchWeiter zum vollständigen Artikel bei Zacks Weiter zum vollständigen Artikel bei Zacks