American National Bankshares Inc reports results for the quarter ended in December - Earnings Summary

American National Bankshares

23/01/2024 13:46

* American National Bankshares Inc  AMNB.OQ  reported
quarterly
adjusted earnings of 38 cents​​ per share for the quarter ended
in December, lower than the same quarter last year, when the
company reported EPS of 76 cents.  The lone analyst forecast for
the quarter was for earnings of 53 cents per share. 
    * Revenue fell 12.9% to $24.29 million from a year ago. 
    * American National Bankshares Inc's reported EPS for the
quarter
was 38 cents​.
    * The company reported quarterly net income of $4.07
million.
    * American National Bankshares Inc shares had fallen by 1.2%
this
quarter.

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 "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 
    * The average consensus recommendation for the banks peer
group is
also "hold"

Wall Street's median 12-month price target for American National
Bankshares Inc is $43.00 
This summary was machine generated from LSEG data January 23 at
01:46 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 2023      0.53           0.38           Missed
 Sep. 30 2023      0.51           0.54           Beat
 Jun. 30 2023      0.71           0.67           Missed
 Mar. 31 2023      0.80           0.86           Beat