Eagle Bancorp Inc reports results for the quarter ended in September 30 - Earnings Summary

Eagle Bancorp

24/10/2024 04:20

* Eagle Bancorp Inc  EGBN.OQ  reported quarterly adjusted
earnings
of 72 cents​​ per share for the quarter ended September 30,
lower than the same quarter last year, when the company reported
EPS of 91 cents.  The mean expectation of three analysts for the
quarter was for earnings of 44 cents per share. Wall Street
expected results to range from 42 cents to 48 cents per share.
    * Revenue rose 1.6% to $71.84 million from a year ago;
analysts
expected $75.20 million. 
    * Eagle Bancorp Inc's reported EPS for the quarter was 72
cents​.
    * The company reported quarterly net income of $21.82
million.
    * Eagle Bancorp Inc shares had risen by 2.3% this
quarter and
lost 23.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 12%
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," 3
"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 Eagle Bancorp Inc
is 24.00 
This summary was machine generated from LSEG data October 24 at
03:20 a.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
 Sep. 30 2024      0.44           0.72           Beat
 Jun. 30 2024      0.43           0.67           Beat
 Mar. 31 2024      0.59           -0.01          Missed
 Dec. 31 2023      0.68           0.67           Missed