Red River Bancshares Inc expected to post earnings of 99 cents a share - Earnings Preview

Red River Bancshares

26/01/2024 14:16

* Red River Bancshares Inc  RRBI.OQ   RRBI.O  is expected
to show
a fall in quarterly revenue when it reports  results on January
29 (estimated) for the period ending December 31 2023
    * The Alexandria Louisiana-based  company is expected to
report a
12.5% decrease in revenue to $20.716 million from $23.67 million
a year ago, according to the mean estimate from 2 analysts,
based on LSEG data. (SAL represents Net interest Income)
    * ​LSEG's mean analyst estimate for Red River Bancshares Inc
is
for 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 $60.50​, above​ its last closing price
of $51.97. ​​​

This summary was machine generated January 26 at 14:16 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)