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

SmartFinancial

24/10/2022 22:57

* SmartFinancial Inc  SMBK.OQ  reported quarterly adjusted
earnings of 68 cents​​ per share for the quarter ended in
September. The mean expectation of six analysts for the quarter
was for earnings of 73 cents per share.
    * Revenue rose 18% to $42.96 million from a year ago;
analysts
expected $44.06 million. 
    * SmartFinancial Inc's reported EPS for the quarter was 68
cents​.
    * The mean earnings estimate of analysts had risen by
about 5.6%
in the last three months.​ 
    * In the last 30 days there have been no negative revisions
of
earnings estimates 
    * SmartFinancial Inc shares had risen by 10.3% this
quarter and
lost 0.4% so far this year.
    * The company reported quarterly net income of $11.54
million.
    * Wall Street's median 12-month price target for
SmartFinancial
Inc is $32.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 5 "strong buy" or "buy," 1
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data October
24 at 09:57 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2022      0.73           0.68           Missed
 Jun. 30 2022      0.61           0.61           Met
 Mar. 31 2022      0.51           0.49           Missed
 Dec. 31 2021      0.48           0.40           Missed