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

Red River Bancshares

29/07/2022 14:32

* Red River Bancshares Inc  RRBI.OQ  reported quarterly
adjusted
earnings of $1.27​​ per share for the quarter ended in June. The
mean expectation of two analysts for the quarter was
for earnings of $1.05 per share.
    * Revenue rose 22.6% to $21.15 million from a year ago;
analysts
expected $20.08 million. 
    * Red River Bancshares Inc's reported EPS for the quarter
was
$1.27​.
    * The mean earnings estimate of analysts had fallen by
about 3.2%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Red River Bancshares Inc shares had risen by 1.4% this
quarter and gained 2.5% so far this year.
    * The company reported quarterly net income of $9.15
million.
    * Wall Street's median 12-month price target for Red River
Bancshares Inc is $64.50 
    * 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 July 29
at 01:32 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      1.05           1.27           Beat
 Mar. 31 2022      1.00           1.03           Beat
 Dec. 31 2021      1.01           1.17           Beat
 Sep. 30 2021      1.03           1.12           Beat