RBB Bancorp expected to post earnings of 34 cents a share - Earnings Preview

RBB BANCORP

19/04/2024 21:46

* RBB Bancorp  RBB.OQ   RBB.O  is expected to show a fall in
quarterly revenue when it reports  results on April 22 for the
period ending March 31 2024
    * The Los Angeles California-based  company is expected to
report
a 19.7% decrease in revenue to $27.648 million from $34.45
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data.
    * ​LSEG's mean analyst estimate for RBB Bancorp is for
earnings of
34 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell."  
    * The mean earnings estimate of analysts was unchanged in
the last
three months. ​
    * Wall Street's median 12-month price target for RBB Bancorp
is
$19.50​, above​ its last closing price of $16.95. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.35        0.35       0.64      Beat    81
 Sep. 30 2023  0.49        0.49       0.61      Beat    23.5
 Jun. 30 2023  0.56        0.57       0.58      Beat    2.6​
 Mar. 31 2023  0.70        0.72       0.58      Missed  -19
 ​​Dec.        0.87        0.89       0.92      Beat    2.9
 31 2022                                                
 Sep. 30 2022  0.86        0.86       0.87      Beat    1.4​
 Jun. 30 2022  0.75        0.75       0.80      Beat    6.7
 Mar. 31 2022  0.70        0.69       0.74      Beat    6.6
 This summary was machine generated April 19 at 20:46 GMT.  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)