Enterprise Financial Services Corp reports results for the quarter ended in September 30 - Earnings Summary

Enterprise Financial Services

21/10/2024 23:12

* Enterprise Financial Services Corp  EFSC.OQ  reported
quarterly
adjusted earnings of $1.32​​ per share for the quarter ended
September 30, higher than the same quarter last year, when the
company reported EPS of $1.17.  The mean expectation of
five analysts for the quarter was for earnings of $1.14 per
share. Wall Street expected results to range from $1.08 
to $1.19 per share.
    * Revenue rose 7.3% to $164.89 million from a year ago;
analysts
expected $158.47 million. 
    * Enterprise Financial Services Corp's reported EPS for the
quarter was $1.32​.
    * The company reported quarterly net income of $49.65
million.
    * Enterprise Financial Services Corp shares had risen
by 3.6% this
quarter and gained 18.9% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had risen by
about 6.9%
in the last three months.​ 
    * In the last 30 days, two analysts negatively revised
earnings
estimates

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 $58.50 
This summary was machine generated from LSEG data October 21 at
10:12 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
 Sep. 30 2024      1.14           1.32           Beat
 Mar. 31 2024      1.19           1.19           Met
 Mar. 31 2024                     1.07           
 Dec. 31 2023      1.19           1.21           Beat