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

Heartland BancCorp. (OTC:HLANGet Free Report) posted its earnings results on Monday. The company reported $2.12 earnings per share (EPS) 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. Stock Performance

OTC HLAN remained flat at $148.00 during trading hours on Wednesday. 660 shares of the company traded hands, compared to its average volume of 1,258. Heartland BancCorp. has a one year low of $81.60 and a one year high of $150.00. The company has a market capitalization of $299.40 million, a P/E ratio of 15.20 and a beta of 0.40. The stock’s 50-day moving average price is $144.41.

Wall Street Analysts Forecast Growth

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

Read Our Latest Analysis 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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