SmartFinancial Inc expected to post earnings of 53  cents a share - Earnings Preview

SmartFinancial

22/07/2023 03:01

* SmartFinancial Inc  SMBK.OQ   SMBK.O  is expected to show
a rise
in quarterly revenue when it reports  results on July 24. 
    * The Knoxville Tennessee-based  company is expected to
report  a
1.9% increase in revenue to $41.069 million from $40.29 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 53 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 6
"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 $24.25​, below​ its last closing price of $24.57. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2023  0.59        0.60       0.68      Beat    12.8
 Dec. 31 2023  0.74        0.74       0.77      Beat    3.9
 Sep. 30 2022  0.72        0.73       0.68      Missed  -6.6​
 Jun. 30 2022  0.62        0.61       0.61      Met     -0.5
 ​​Mar.        0.51        0.51       0.49      Missed  -3.7
 31 2022                                                
 Dec. 31 2021  0.48        0.48       0.40      Missed  -17.1​
 Sep. 30 2021  0.41        0.39       0.61      Beat    55.8
 Jun. 30 2021  0.47        0.46       0.58      Beat    25.2
 This summary was machine generated July 22 at 02:01 GMT.  All
figures in US dollars  unless otherwise stated