Heritage Commerce Q4 EPS $0.22 Misses $0.24 Estimate, Sales $44.24M Miss $44.54M Estimate

Heritage Commerce (NASDAQ:HTBK) reported quarterly earnings of $0.22 per share which missed the analyst consensus estimate of $0.24 by 8.33 percent. This is a 35.29 percent decrease over earnings of $0.34 per share from the same period last year. The company reported quarterly sales of $44.24 million which missed the analyst consensus estimate of $44.54 million by 0.67 percent. This is a 18.84 percent decrease over sales of $54.51 million the same period last year.