Red River Bancshares Inc expected to post earnings of $1.05 a share - Earnings Preview

Red River Bancshares

25/07/2022 19:34

* Red River Bancshares Inc  RRBI.OQ   RRBI.O  is expected
to show
a rise in quarterly revenue when it reports  results on July 27
(estimated). 
    * The Alexandria Louisiana-based  company is expected to
report  a
16.4% increase in revenue to $20.081 million from $17.25 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 $1.05 per share. For the same quarter last
year, the company reported earnings of $1.13 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 $64.5​, above​ its last closing price
of $54.00. ​​​

This summary was machine generated July 25 at 18:33 GMT.  All
figures in US dollars  unless otherwise stated