Home BancShares Inc reports results for the quarter ended September 30 — Earnings Summary

Home BancShares Inc reported quarterly adjusted earnings of 65 cents​​ per share for the quarter ended September 30, higher than the same quarter last year, when the company reported EPS of 61 cents. The mean expectation of nine analysts for the quarter was for earnings of 64 cents per share. Wall Street expected results to range from 62 cents to 65 cents per share. Revenue rose 3.9% to $288.44 million from a year ago; analysts expected $294.27 million. Home BancShares Inc's reported EPS for the quarter was 65 cents​. The company reported quarterly net income of $129.45 million. Home BancShares Inc shares had risen by 0.6% this quarter and gained 2.1% so far this year. Forecast Changes The mean earnings estimate of analysts had risen by about 2.5% in the last three months.​ In the last 30 days, one analyst negatively revised an earnings estimate Recommendations The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 3 "strong buy" or "buy," 6 "hold" and no "sell" or "strong sell." The average consensus recommendation for the banks peer group is "buy." Wall Street's median 12-month price target for Home BancShares Inc is $32.00, about 11.6%