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

Heartland BancCorp. (OTC:HLANGet Free Report) posted its quarterly earnings data on Monday. The company reported $2.12 earnings per share for the quarter, missing the consensus estimate of $2.27 by ($0.15), Zacks reports. The firm had revenue of $30.26 million for the quarter.

Heartland BancCorp. Stock Performance

HLAN remained flat at $148.00 during trading on Wednesday. 660 shares of the company’s stock were exchanged, compared to its average volume of 1,258. The stock’s fifty 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. The stock has a market cap of $299.40 million, a price-to-earnings ratio of 15.20 and a beta of 0.40.

Analyst Upgrades and Downgrades

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

Read Our Latest Stock 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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