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Equity Bancshares Inc reports results for the quarter ended December 31 - Earnings Summary

ReutersJan 22, 2025 10:49 PM
  • Equity Bancshares Inc EQBK.N reported quarterly adjusted earnings of $1.04​​ per share for the quarter ended December 31, higher than the same quarter last year, when the company reported EPS of $-1.84. The mean expectation of five analysts for the quarter was for earnings of 91 cents per share. Wall Street expected results to range from 87 cents to 94 cents per share.

  • Revenue rose 1,478.8% to $54.42 million from a year ago; analysts expected $55.96 million.

  • Equity Bancshares Inc's reported EPS for the quarter was $1.04​.

  • The company reported quarterly net income of $16.99 million.

FORECAST CHANGES

  • The mean earnings estimate of analysts had fallen by about 3% in the last three months.​

  • In the last 30 days, there have been no earnings estimate revisions by analysts covering the company.

RECOMMENDATIONS

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy," 2 "hold" and no "sell" or "strong sell."

  • The average consensus recommendation for the banks peer group is also "buy"

Wall Street's median 12-month price target for Equity Bancshares Inc is $52.00

This summary was machine generated from LSEG data January 22 at 10:49 p.m. UTC. ​All figures in US dollars unless otherwise stated. (For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact RefinitivNewsSupport@thomsonreuters.com)

QUARTER ENDING

ESTIMATE

ACTUAL

BEAT, MET, MISSED

Dec. 31 2024

0.91

1.04

Beat

Sep. 30 2024

0.99

1.28

Beat

Jun. 30 2024

0.92

0.76

Missed

Mar. 31 2024

0.85

0.90

Beat

Disclaimer: The information provided on this website is for educational and informational purposes only and should not be considered financial or investment advice.

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