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

Heartland BancCorp. (OTC:HLAN) announced its quarterly earnings results on Monday. The company reported $2.12 EPS for the quarter, missing analysts’ consensus estimates of $2.27 by ($0.15), Zacks reports. The firm had revenue of $30.26 million during the quarter.

Heartland BancCorp. Stock Performance

HLAN stock traded up $0.76 during mid-day trading on Thursday, reaching $148.76. The company’s stock had a trading volume of 4,530 shares, compared to its average volume of 1,258. The company has a market capitalization of $300.93 million, a P/E ratio of 15.20 and a beta of 0.40. The business’s 50 day moving average price is $144.56. Heartland BancCorp. has a 12 month low of $81.60 and a 12 month high of $150.00.

Wall Street Analysts Forecast Growth

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

Heartland BancCorp. Company Profile

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.