Guaranty Bancshares Inc reports results for the quarter ended June 30 - Earnings Summary

• Guaranty Bancshares Inc GNTY.N reported quarterly adjusted earnings of 87 cents​​ per share for the quarter ended June 30, higher than the same quarter last year, when the company reported EPS of 65 cents. The mean expectation of three analysts for the quarter was for earnings of 80 cents per share. Wall Street expected results to range from 77 cents to 85 cents per share.

• Revenue rose 16.7% to $33.22 million from a year ago; analysts expected $32.55 million.

• Guaranty Bancshares Inc's reported EPS for the quarter was 87 cents​.

• The company reported quarterly net income of $10 million.

• Guaranty Bancshares Inc shares had risen by 7.3% this quarter and gained 31.6% so far this year.

FORECAST CHANGES

• The mean earnings estimate of analysts was unchanged 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 1 "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 Guaranty Bancshares Inc is $52.00, about 12.5% above its last closing price of $45.52

This summary was machine generated from LSEG data July 21 at 12:27 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)