* Heritage Financial Corp reported quarterly adjusted earnings of 33 cents​​ per share for the quarter ended September 30, lower than the same quarter last year, when the company reported EPS of 51 cents. The mean expectation of six analysts for the quarter was for earnings of 41 cents per share. Wall Street expected results to range from 37 cents to 43 cents per share.

* Revenue fell 20.2% to $49.36 million from a year ago; analysts expected $58.12 million.

* Heritage Financial Corp's reported EPS for the quarter was 33 cents​.

* The company reported quarterly net income of $11.42 million.

* Heritage Financial Corp shares had risen by 0.5% this quarter and gained 2.2% so far this year.

FORECAST CHANGES

* The mean earnings estimate of analysts had risen by about 2.6% in the last three months.​

* In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

* The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 2 "strong buy" or "buy," 4 "hold" and no "sell" or "strong sell."

* The average consensus recommendation for the banks peer group is also "hold"

Wall Street's median 12-month price target for Heritage Financial Corp is $24.00 This summary was machine generated from LSEG data October 24 at 04:02 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com) QUARTER ENDING ESTIMATE ACTUAL BEAT, MET,

MISSED

Sep. 30 2024 0.41 0.33 Missed

Jun. 30 2024 0.40 0.41 Beat

Mar. 31 2024 0.40 0.16 Missed

Dec. 31 2023 0.45 0.18 Missed