Enterprise Financial Services Corp reports results for the quarter ended in January - Earnings Summary

Enterprise Financial Services

22/07/2024 23:01

* Enterprise Financial Services Corp  EFSC.OQ  reported
quarterly
adjusted earnings of $1.19​​ per share for the quarter ended in
January, lower than the same quarter last year, when the company
reported EPS of $1.29.  The mean expectation of five analysts
for the quarter was for earnings of $1.06 per share. Wall Street
expected results to range from 99 cents to $1.11 per share.
    * Revenue rose 0.7% to $156.02 million from a year ago;
analysts
expected $154.50 million. 
    * Enterprise Financial Services Corp's reported EPS for the
quarter was $1.19​.
    * The company reported quarterly net income of $44.51
million.
    * Enterprise Financial Services Corp shares had risen
by 16.1%
this quarter and gained 6.4% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 2.6%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate

RECOMMENDATIONS
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "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 Enterprise
Financial Services Corp is $46.00 
This summary was machine generated from LSEG data July 22 at
10:00 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
 Jun. 30 2024      1.06           1.19           Beat
 Mar. 31 2024      1.11           1.07           Missed
 Dec. 31 2023      1.19           1.21           Beat
 Sep. 30 2023      1.24           1.17           Missed