SmartFinancial Inc expected to post earnings of 39 cents a share - Earnings Preview

SmartFinancial

19/07/2024 22:17

* SmartFinancial Inc  SMBK.N   SMBK.K  is expected to show a
rise
in quarterly revenue when it reports  results on July 22 for the
period ending June 30 2024
    * The Knoxville Tennessee-based  company is expected to
report a
3.5% increase in revenue to $40.072 million from $38.71 million
a year ago, according to the mean estimate from 5 analysts,
based on LSEG data. (SAL represents Total/Operating revenue)
    * ​LSEG's mean analyst estimate for SmartFinancial Inc is
for
earnings of 39 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "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
SmartFinancial
Inc is $25.00​, below​ its last closing price of $26.67. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jan. 1 0001   0.41        0.41       0.49      Beat    19.5
 Jan. 1 0001   0.40        0.41       0.37      Missed  -9.4
 Sep. 30 2023  0.47        0.47       0.43      Missed  -8​
 Jun. 30 2023  0.53        0.53       0.52      Missed  -2.4
 ​​Mar.        0.59        0.60       0.68      Beat    12.8
 31 2023                                                
 Dec. 31 2022  0.74        0.74       0.77      Beat    3.9​
 Jan. 1 0001   0.72        0.73       0.68      Missed  -6.6
 Jun. 30 2022  0.62        0.61       0.61      Met     -0.5
 This summary was machine generated July 19 at 21:17 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)