Red River Bancshares Inc expected to post earnings of $1.03 a share - Earnings Preview

Red River Bancshares

25/10/2021 13:15

* Red River Bancshares Inc  RRBI.OQ   RRBI.O  is expected
to show a rise in quarterly revenue when it reports results on
October 27 (estimated). 
* The Alexandria, Louisiana-based company is expected to report 
a 2.4% increase in revenue to $17.706 million from $17.3 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Red River Bancshares
Inc is for earnings of $1.03 per share. For the same quarter
last year, the company reported earnings of 99 cents per share.
* The current average analyst rating on the shares is "strong
buy" and the breakdown of recommendations is 2 "strong buy" or
"buy," no "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 Red River
Bancshares Inc is $61​, about 14.5% above​ its last closing
price of $52.16. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  1.02        1.02       1.13      Beat    10.6
 Mar. 31 2021  0.92        0.92       1.10      Beat    20.2
 Dec. 31 2020  0.89        0.89       0.99      Beat    11.9​
 Sep. 30 2020  0.72        0.72       0.99      Beat    37.5
 Jun.          0.74​       0.75       0.93      Beat    24.8​
 30​ 2020​                                              
 Mar. 31 2020  0.80        0.82       0.92      Beat    12.9​
 Dec. 31 2019  0.87        0.87       0.92      Beat    6.4
 Sep. 30 2019  0.83        0.84       0.93      Beat    11.4
 This summary was machine generated October 25 at 12:15 GMT.  All
figures in US dollars unless otherwise stated