ServisFirst Bancshares Inc expected to post earnings of 88 cents a share - Earnings Preview

ServisFirst Bancshares

26/01/2024 21:10

* ServisFirst Bancshares Inc  SFBS.N   SFBS.K  is expected
to show
a fall in quarterly revenue when it reports  results on January
29 for the period ending December 31 2023
    * The Birmingham Alabama-based  company is expected to
report a
17.0% decrease in revenue to $107.296 million from $129.35
million a year ago, according to the mean estimate from 3
analysts, based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for ServisFirst Bancshares
Inc is
for earnings of 88 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 ServisFirst
Bancshares Inc is $53.00​, below​ its last closing price
of $65.81. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.95        0.95       0.98      Beat    2.9
 Jun. 30 2023  0.88        0.89       0.98      Beat    10.1
 Mar. 31 2023  1.04        1.05       1.06      Beat    0.7​
 Dec. 31 2022  1.24        1.24       1.24      Met     0.2
 ​​Sep.        1.24        1.23       1.17      Missed  -4.6
 30 2022                                                
 Jun. 30 2022  1.12        1.13       1.14      Beat    0.9​
 Mar. 31 2022  1.04        1.04       1.06      Beat    1.5
 Dec. 31 2021  0.99        0.98       1.03      Beat    4.6
 This summary was machine generated January 26 at 21:09 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)