Guaranty Bancshares Inc reports results for the quarter ended in September 30 - Earnings Summary

Guaranty Bancshares

21/10/2024 17:19

* Guaranty Bancshares Inc  GNTY.N  reported quarterly
adjusted
earnings of 65 cents​​ per share for the quarter ended September
30, higher than the same quarter last year, when the company
reported EPS of 54 cents.  The mean expectation of
three analysts for the quarter was for earnings of 60 cents per
share. Wall Street expected results to range from 59 cents to 62
cents per share.
    * Revenue rose 3.9% to $29.35 million from a year ago;
analysts
expected $29.30 million. 
    * Guaranty Bancshares Inc's reported EPS for the quarter was
65
cents​.
    * The company reported quarterly net income of $7.4 million.
    * Guaranty Bancshares Inc shares had risen by 1.0% this
quarter and gained 3.3% so far this year.

FORECAST CHANGES
    * The mean earnings estimate of analysts had fallen by
about 0.6%
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 1 "strong buy" or "buy," 2
"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 Guaranty
Bancshares Inc is $36.50 
This summary was machine generated from LSEG data October 21 at
04:19 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      0.60           0.65           Beat
 Jun. 30 2024      0.54           0.65           Beat
 Mar. 31 2024      0.51           0.58           Beat
 Dec. 31 2023      0.47           0.51           Beat