S&T Bancorp Inc reports results for the quarter ended in June - Earnings Summary

S&T Bancorp

21/07/2022 18:15

* S&T Bancorp Inc  STBA.OQ  reported quarterly adjusted
earnings
of 74 cents​​ per share for the quarter ended in June. The mean
expectation of five analysts for the quarter was for earnings of
66 cents per share.
    * Revenue rose 4.9% to $87.82 million from a year ago; 
analysts
expected $85.19 million. 
    * S&T Bancorp Inc's reported EPS for the quarter was 74
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.8%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * S&T Bancorp Inc shares had risen by 5.5% this quarter and
lost 8.2% so far this year.
    * The company reported quarterly net income of $28.86
million.
    * Wall Street's median 12-month price target for S&T Bancorp
Inc
is $33.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 4
"hold" and no "sell" or "strong sell." 

This summary was machine generated July 21 at 05:15 p.m.  ​All
figures in US dollars unless otherwise stated.
 QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.66           0.74           Beat
 Mar. 31 2022      0.59           0.74           Beat
 Dec. 31 2021      0.63           0.57           Missed
 Sep. 30 2021      0.63           0.70           Beat
 This summary was machine generated from Refinitiv data July 21
at 05:15 p.m