Heartland BancCorp. (OTC:HLAN) Issues Earnings Results, Misses Estimates By $0.15 EPS

by · The Cerbat Gem

Heartland BancCorp. (OTC:HLAN – Get Free Report) announced its earnings results on Monday. The company reported $2.12 earnings per share for the quarter, missing analysts’ consensus estimates of $2.27 by ($0.15), Zacks reports. The company had revenue of $30.26 million for the quarter.

Heartland BancCorp. Price Performance

Shares of HLAN stock remained flat at $148.00 on Wednesday. 660 shares of the stock were exchanged, compared to its average volume of 1,258. The stock’s 50 day simple moving average is $144.56. The company has a market capitalization of $299.40 million, a PE ratio of 15.20 and a beta of 0.40. Heartland BancCorp. has a 12 month low of $81.60 and a 12 month high of $150.00.

Analyst Upgrades and Downgrades

Separately, DA Davidson lowered shares of Heartland BancCorp. from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, August 7th.

View Our Latest Report on Heartland BancCorp.

Heartland BancCorp. Company Profile

(Get Free Report)

Heartland BancCorp operates as the bank holding company for Heartland Bank that provides various banking and financial services to individual and corporate customers. The company offers personal and business checking and savings accounts. It also provides various lending solutions comprising agricultural loans, commercial and business lending, home and personal loans, and title services.

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