Southside Bancshares Inc expected to post earnings of 65 cents a share - Earnings Preview

Southside Bancshares

22/10/2021 19:31

* Southside Bancshares Inc  SBSI.OQ   SBSI.O  is expected
to show a rise in quarterly revenue when it reports results on
October 26. 
* The Tyler, Texas-based company is expected to report  a
4.5% increase in revenue to $60.35 million from $57.73 million a
year ago, according to the mean estimate from 4 analysts, based
on Refinitiv data. 
​* Refinitiv's mean analyst estimate for Southside Bancshares
Inc is for earnings of 65 cents per share. For the same quarter
last year, the company reported earnings of 82 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is no "strong buy" or "buy," 4
"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 Southside
Bancshares Inc is $38.5​, about 0.4% below​ its last closing
price of $38.66. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Jun. 30 2021  0.69        0.69       0.65      Missed  -5.3
 Mar. 31 2021  0.68        0.69       1.04      Beat    51.8
 Dec. 31 2020  0.64        0.64       0.89      Beat    39.6​
 Sep. 30 2020  0.57        0.56       0.82      Beat    46
 Jun.          0.38​       0.37       0.65      Beat    76.9​
 30​ 2020​                                              
 Mar. 31 2020  0.49        0.48       0.12      Missed  -74.8​
 Dec. 31 2019  0.57        0.57       0.51      Missed  -9.9
 Sep. 30 2019  0.59        0.59       0.58      Missed  -1.7
 This summary was machine generated October 22 at 18:31 GMT.  All
figures in US dollars unless otherwise stated