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

Red River Bancshares

29/04/2022 16:12

* Red River Bancshares Inc  RRBI.OQ  reported quarterly
adjusted
earnings of $1.03​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of $1.00 per share.
    * Revenue rose 6.5% to $18.73 million from a year ago; 
analysts
expected $18.01 million. 
    * Red River Bancshares Inc's reported EPS for the quarter
was
$1.03​.
    * The mean earnings estimate of analysts had risen by
about 10.5%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * Red River Bancshares Inc shares had risen by 3.5% this
quarter and gained 2.4% so far this year.
    * The company reported quarterly net income of $7.39
million.
    * Wall Street's median 12-month price target for Red River
Bancshares Inc is $65.50 
    * 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 April 29 at 03:12 p.m.  ​All
figures in US dollars unless otherwise stated