CapStar Financial Holdings Inc reports results for the quarter ended in June - Earnings Summary

Capstar Financial Holdings

21/07/2023 24:27

* CapStar Financial Holdings Inc  CSTR.OQ  reported
quarterly
adjusted earnings of 37 cents​​ per share for the quarter ended
in June. The mean expectation of six analysts for the quarter
was for earnings of 35 cents per share.
    * Revenue fell 5.1% to $28.78 million from a year ago;
analysts
expected $29.41 million. 
    * CapStar Financial Holdings Inc's reported EPS for the
quarter
was 37 cents​.
    * The mean earnings estimate of analysts had fallen by
about 12.4%
in the last three months.​ 
    * In the last 30 days, three analysts negatively revised
earnings
estimates 
    * CapStar Financial Holdings Inc shares had risen by 15.1%
this
quarter and lost 20.0% so far this year.
    * The company reported quarterly net income of $7.8 million.
    * Wall Street's median 12-month price target for CapStar
Financial
Holdings Inc is $15.25 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
20 at 11:26 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.35           0.37           Beat
 Mar. 31 2023      0.39           0.30           Missed
 Dec. 31 2022      0.49           0.47           Missed
 Sep. 30 2022      0.47           0.37           Missed