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

Business First Bancshares

27/07/2023 22:02

* Business First Bancshares Inc  BFST.OQ  reported quarterly
adjusted earnings of 70 cents​​ per share for the quarter ended
in June. The mean expectation of six analysts for the quarter
was for earnings of 52 cents per share.
    * Revenue rose 15.4% to $65.28 million from a year ago;
analysts
expected $59.63 million. 
    * Business First Bancshares Inc's reported EPS for the
quarter was
70 cents​.
    * The mean earnings estimate of analysts had fallen by
about 6.3%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates 
    * Business First Bancshares Inc shares had risen by 11.9%
this
quarter and lost 23.8% so far this year.
    * The company reported quarterly net income of $19.74
million.
    * Wall Street's median 12-month price target for Business
First
Bancshares Inc is $19.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data July
27 at 09:02 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.52           0.70           Beat
 Mar. 31 2023      0.52           0.55           Beat
 Dec. 31 2022      0.60           0.66           Beat
 Sep. 30 2022      0.70           0.72           Beat