SmartFinancial Inc expected to post earnings of 51 cents a share - Earnings Preview

SmartFinancial

17/01/2025 21:02

* SmartFinancial Inc  SMBK.N   SMBK.K  is expected to show a
rise
in quarterly revenue when it reports  results on January 21 for
the period ending December 31 2024
    * The Knoxville Tennessee-based  company is expected to
report a
13.5% increase in revenue to $44.368 million from $39.1 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 51 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "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 $36.25​, above​ its last closing price of $31.20. ​​​

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 2024  0.47        0.47       0.54      Beat    14.9
 Jun. 30 2024  0.39        0.39       0.46      Beat    17
 Mar. 31 2024  0.41        0.41       0.49      Beat    19.5​
 Dec. 31 2023  0.40        0.41       0.37      Missed  -9.4
 ​​Sep.        0.47        0.47       0.43      Missed  -8
 30 2023                                                
 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
 This summary was machine generated January 17 at 21:02 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)