S&T Bancorp Inc expected to post earnings of 78 cents a share - Earnings Preview

S&T Bancorp

16/04/2024 14:13

* S&T Bancorp Inc  STBA.OQ   STBA.O  is expected to show a
fall in
quarterly revenue when it reports  results on April 18 for the
period ending March 31 2024
    * The Indiana Pennsylvania-based  company is expected to
report a
6.1% decrease in revenue to $95.765 million from $101.98 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data.
    * ​LSEG's mean analyst estimate for S&T Bancorp Inc is for
earnings of 78 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"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 S&T Bancorp
Inc
is $35.50​, above​ its last closing price of $29.38. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Dec. 31 2023  0.86        0.86       0.96      Beat    11.9
 Sep. 30 2023  0.91        0.91       0.87      Missed  -3.9
 Jun. 30 2023  0.89        0.89       0.89      Met     -0.4​
 Mar. 31 2023  0.94        0.94       1.02      Beat    8.1
 ​​Dec.        0.94        0.94       1.03      Beat    9.9
 31 2022                                                
 Sep. 30 2022  0.83        0.83       0.95      Beat    14.8​
 Jun. 30 2022  0.67        0.66       0.74      Beat    12.4
 Mar. 31 2022  0.60        0.59       0.74      Beat    26.1
 This summary was machine generated April 16 at 13:12 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)