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

Esquire Financial Holdings

25/07/2024 14:09

* Esquire Financial Holdings Inc  ESQ.OQ  reported quarterly
adjusted earnings of $1.25​​ per share for the quarter ended in
June, higher than the same quarter last year, when the company
reported EPS of $1.10.  The mean expectation of three analysts
for the quarter was for earnings of $1.19 per share. Wall Street
expected results to range from $1.16  to $1.22 per share.
    * Revenue rose 21.1% to $24.32 million from a year ago;
analysts
expected $23.51 million. 
    * Esquire Financial Holdings Inc's reported EPS for the
quarter
was $1.25​.
    * The company reported quarterly net income of $10.49
million.
    * Esquire Financial Holdings Inc shares had risen by 20.2%
this
quarter and gained 14.6% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.9%
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 "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," no
"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 Esquire Financial
Holdings Inc is $61.00 
This summary was machine generated from LSEG data July 25 at
01:09 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      1.19           1.25           Beat
 Jan. 1 0001       1.17           1.20           Beat
 Dec. 31 2023      1.17           1.18           Beat
 Sep. 30 2023      1.13           1.17           Beat