Business First Bancshares Inc reports results for the quarter ended in December - Earnings Summary

Business First Bancshares

23/01/2024 22:03

* Business First Bancshares Inc  BFST.OQ  reported quarterly
adjusted earnings of 66 cents​​ per share for the quarter ended
in December, identical to the same quarter last year.  The mean
expectation of six analysts for the quarter was for earnings of
60 cents per share. Wall Street expected results to range from
54 cents to 66 cents per share.
    * Revenue fell 6.5% to $60.17 million from a year ago;
analysts
expected $62.47 million. 
    * Business First Bancshares Inc's reported EPS for the
quarter was
57 cents​.
    * The company reported quarterly net income of $14.47
million.
    * Business First Bancshares Inc shares had fallen by 3.6%
this
quarter.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 1.7%
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 5 "strong buy" or "buy," 1
"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 Business First
Bancshares Inc is $28.00 
This summary was machine generated from LSEG data January 23 at
10:03 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      0.60           0.66           Beat
 Sep. 30 2023      0.61           0.71           Beat
 Jun. 30 2023      0.52           0.70           Beat
 Mar. 31 2023      0.52           0.55           Beat