Red River Bancshares Inc expected to post earnings of $1.14 a share - Earnings Preview

Red River Bancshares

24/10/2023 19:32

* Red River Bancshares Inc  RRBI.OQ   RRBI.O  is expected
to show
a fall in quarterly revenue when it reports  results 
    * The Alexandria Louisiana-based  company is expected to
report  a
6.5% decrease in revenue to $21.579 million from $23.09 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 $1.14 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 $58​, above​ its last closing price of $46.90.
​​​

This summary was machine generated October 24 at 18:32 GMT.  All
figures in US dollars  unless otherwise stated