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What To Expect From Home Bancshares’s (HOMB) Q3 Earnings
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Regional banking company Home Bancshares (NYSE:HOMB) will be announcing earnings results this Wednesday after the bell. Here’s what you need to know.

Home Bancshares beat analysts’ revenue expectations last quarter, reporting revenues of $296.3 million, up 10.9% year on year. It was a mixed quarter for the company, with a beat of analysts’ EPS estimates but a slight miss of analysts’ net interest income estimates.

Is Home Bancshares a buy or sell going into earnings? Read our full analysis here, it’s free for active Edge members.

This quarter, the market is expecting Home Bancshares’s revenue to grow 7.3% year on year, in line with the 6.3% increase it recorded in the same quarter last year.

Home Bancshares Total Revenue

Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business will stay the course heading into earnings. Home Bancshares has missed Wall Street’s revenue estimates multiple times over the last two years.

With Home Bancshares being the first among its peers to report earnings this season, we don’t have anywhere else to look to get a hint at how this quarter will unfold for banks stocks. However, the segment has faced declining investor sentiment as Home Bancshares’s peer group is down 7% on average over the last month. Home Bancshares is down 5% during the same time .

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