Simmons First National Corp reports results for the quarter ended in June - Earnings Summary

Simmons First National

25/07/2023 14:31

* Simmons First National Corp  SFNC.OQ  reported quarterly
adjusted earnings of 46 cents​​ per share for the quarter ended
in June. The mean expectation of six analysts for the quarter
was for earnings of 40 cents per share.
    * Revenue fell 7.6% to $208.21 million from a year ago;
analysts
expected $219.40 million. 
    * Simmons First National Corp's reported EPS for the quarter
was
46 cents​.
    * The mean earnings estimate of analysts had fallen by
about 4.1%
in the last three months.​ 
    * In the last 30 days, four analysts negatively revised
earnings
estimates 
    * Simmons First National Corp shares had risen by 14.4% this
quarter and lost 8.5% so far this year.
    * The company reported quarterly net income of $58.31
million.
    * Wall Street's median 12-month price target for Simmons
First
National Corp is $19.00 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and 1 "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data July
25 at 01:31 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2023      0.40           0.46           Beat
 Mar. 31 2023      0.48           0.36           Missed
 Dec. 31 2022      0.62           0.64           Beat
 Sep. 30 2022      0.61           0.64           Beat