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

S&T Bancorp

19/10/2023 14:32

* S&T Bancorp Inc  STBA.OQ  reported quarterly adjusted
earnings
of 87 cents​​ per share for the quarter ended in September. The
mean expectation of five analysts for the quarter was
for earnings of 91 cents per share.
    * Revenue rose 1% to $99.57 million from a year ago;
analysts
expected $101.50 million. 
    * S&T Bancorp Inc's reported EPS for the quarter was 87
cents​.
    * The mean earnings estimate of analysts had risen by
about 4.7%
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 0.6% this quarter and
lost 20.3% so far this year.
    * The company reported quarterly net income of $33.47
million.
    * Wall Street's median 12-month price target for S&T Bancorp
Inc
is $30.00 
    * 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." 

This summary was machine generated from LSEG Refinitiv data
October 19 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.91           0.87           Missed
 Jun. 30 2023      0.89           0.89           Met
 Mar. 31 2023      0.94           1.02           Beat
 Dec. 31 2022      0.94           1.03           Beat