SmartFinancial Inc expected to post earnings of 47  cents a share - Earnings Preview

SmartFinancial

20/10/2023 23:45

* SmartFinancial Inc  SMBK.OQ   SMBK.O  is expected to show
a fall
in quarterly revenue when it reports  results 
    * The Knoxville Tennessee-based  company is expected to
report  a
9.4% decrease in revenue to $38.929 million from $42.96 million
a year ago, according to the mean estimate from 6 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for SmartFinancial Inc
is for
earnings of 47 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 5
"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​, above​ its last closing price of $20.60. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Jun. 30 2023  0.53        0.53       0.52      Missed  -2.4
 Mar. 31 2023  0.59        0.60       0.68      Beat    12.8
 Dec. 31 2022  0.74        0.74       0.77      Beat    3.9​
 Sep. 30 2022  0.72        0.73       0.68      Missed  -6.6
 ​​Jun.        0.62        0.61       0.61      Met     -0.5
 30 2022                                                
 Mar. 31 2022  0.51        0.51       0.49      Missed  -3.7​
 Dec. 31 2021  0.48        0.48       0.40      Missed  -17.1
 Sep. 30 2021  0.41        0.39       0.61      Beat    55.8
 This summary was machine generated October 20 at 22:45 GMT.  All
figures in US dollars  unless otherwise stated