(HMST) FY2024Q1 Earning Prediction
(HMST) is set to release its earnings performance on 04/30 04:00:00 in trading. Consensus forecasts predict a revenue of 46.76M and an earnings per share (EPS) of -0.06 for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
HMST Transcript
The earnings call reveals significant financial instability with a net loss of $123.3 million and increased non-performing assets. Despite positive steps like loan sales to improve liquidity, risks such as wildfire exposure and a challenging interest rate environment persist. The Q&A section highlights uncertainty, with management unable to provide specific targets for profitability. While there is optimism about future earnings growth, the immediate financial health concerns and regulatory challenges suggest a negative stock price movement in the short term.
The earnings call reveals a mixed sentiment. Financial performance shows improvement in credit loss recovery and capital ratios, but non-interest expenses decreased mainly due to a prior goodwill impairment. The Q&A highlights stable margins and profitability, but concerns about loan-to-deposit ratios and limited prepayment activity persist. Absence of monthly margin disclosure and substandard loan details adds uncertainty. Overall, positive factors are balanced by ongoing challenges and lack of clear guidance, suggesting a neutral stock price movement.
HMST Report
Frequently Asked Questions
What is the undefined FY2024Q1 Earnings Release Date and Time?
(HMST) is scheduled to release its FY2024Q1 earnings report onApr 30, 2024, (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for undefined FY2024Q1 Revenue and EPS?
Analysts' consensus predicts 46.76M in revenue and an EPS of -0.06 for 's FY2024Q1.
What Does Intellectia's AI Predict for undefined FY2024Q1 Earnings?
Intellectia's exclusive AI algorithms forecast a for's FY2024Q1 earnings, with a prediction date of Apr 30, 2024.
How Can I Use This Earnings Prediction to Trade HMST Stock?
Leverage Intellectia's AI forecast to position trades ahead of theApr 30, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like undefined FY2024Q1?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2024-2025 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
