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Heritage Commerce (HTBK) Tops Q3 Earnings and Revenue Estimates

Heritage Commerce (HTBK) came out with quarterly earnings of 0.24pershare,beatingtheZacksConsensusEstimateof0.24 per share, beating the Zacks Consensus Estimate of 0.21 per share. This compares to earnings of 0.17pershareayearago.Thesefiguresareadjustedfornonrecurringitems.Thisquarterlyreportrepresentsanearningssurpriseof+14.290.17 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of +14.29%. A quarter ago, it was expected that this holding company for Heritage Bank of Commerce would post earnings of 0.19 per share when it actually produced earnings of $0.21, delivering a surprise of +10.53% ...