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

Red River Bancshares

28/04/2023 16:46

* Red River Bancshares Inc  RRBI.OQ  reported quarterly
adjusted
earnings of $1.33​​ per share for the quarter ended in March.
The mean expectation of two analysts for the quarter was
for earnings of $1.31 per share.
    * Revenue rose 22.3% to $22.91 million from a year ago;
analysts
expected $23.06 million. 
    * Red River Bancshares Inc's reported EPS for the quarter
was
$1.33​.
    * The mean earnings estimate of analysts had risen by
about 2.3%
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 fallen by 5.2% this
quarter and lost 10.7% so far this year.
    * The company reported quarterly net income of $9.6 million.
    * Wall Street's median 12-month price target for Red River
Bancshares Inc is $57.50 
    * 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 LSEG Refinitiv data
April 28 at 03:46 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      1.31           1.33           Beat
 Dec. 31 2022      1.34           1.42           Beat
 Sep. 30 2022      1.32           1.42           Beat
 Jun. 30 2022      1.05           1.27           Beat