SmartFinancial Inc reports results for the quarter ended in December - Earnings Summary

SmartFinancial

23/01/2023 22:37

* SmartFinancial Inc  SMBK.OQ  reported quarterly adjusted
earnings of 77 cents​​ per share for the quarter ended in
December. The mean expectation of six analysts for the quarter
was for earnings of 74 cents per share.
    * Revenue rose 22% to $44.74 million from a year ago;
analysts
expected $44.95 million. 
    * SmartFinancial Inc's reported EPS for the quarter was 77
cents​.
    * The mean earnings estimate of analysts had fallen by
about 4% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * SmartFinancial Inc shares had fallen by 1.1% this quarter.
    * The company reported quarterly net income of $13 million.
    * Wall Street's median 12-month price target for
SmartFinancial
Inc is $33.50 
    * 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." 

This summary was machine generated from Refinitiv data January
23 at 10:37 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Dec. 31 2022      0.74           0.77           Beat
 Sep. 30 2022      0.73           0.68           Missed
 Jun. 30 2022      0.61           0.61           Met
 Mar. 31 2022      0.51           0.49           Missed