Red River Bancshares Inc reports results for the quarter ended in December - Earnings Summary

Red River Bancshares

30/01/2023 14:31

* Red River Bancshares Inc  RRBI.OQ  reported quarterly
adjusted
earnings of $1.42​​ per share for the quarter ended in December.
The mean expectation of two analysts for the quarter was
for earnings of $1.34 per share.
    * Revenue rose 26.1% to $23.67 million from a year ago;
analysts
expected $23.59 million. 
    * Red River Bancshares Inc's reported EPS for the quarter
was
$1.42​.
    * The mean earnings estimate of analysts had fallen by
about 1.1%
in the last three months.​ 
    * In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
    * Red River Bancshares Inc shares had fallen by 0.2% this
quarter.
    * The company reported quarterly net income of $10.19
million.
    * Wall Street's median 12-month price target for Red River
Bancshares Inc is $65.25 
    * 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." 

This summary was machine generated from Refinitiv data January
30 at 02:31 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      1.34           1.42           Beat
 Sep. 30 2022      1.32           1.42           Beat
 Jun. 30 2022      1.05           1.27           Beat
 Mar. 31 2022      1.00           1.03           Beat