Southside Bancshares Inc expected to post earnings of 72 cents a share - Earnings Preview

Southside Bancshares

27/01/2025 13:32

* Southside Bancshares Inc  SBSI.N   SBSI.K  is expected
to show a
rise in quarterly revenue when it reports  results on January 29
for the period ending December 31 2024
    * The Tyler Texas-based  company is expected to report a
19.5% increase in revenue to $68.117 million from $56.99 million
a year ago, according to the mean estimate from 4 analysts,
based on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for Southside Bancshares Inc
is
for earnings of 72 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 $38.00​, above​ its last closing price
of $32.08. ​​​

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  0.73        0.73       0.68      Missed  -7.3
 Jun. 30 2024  0.64        0.64       0.81      Beat    27.2
 Mar. 31 2024  0.67        0.68       0.71      Beat    4.9​
 Dec. 31 2023  0.67        0.67       0.57      Missed  -14.3
 ​​Sep.        0.76        0.73       0.60      Missed  -17.2
 30 2023                                                
 Jun. 30 2023  0.69        0.69       0.81      Beat    17.8​
 Mar. 31 2023  0.78        0.79       0.83      Beat    5.7
 Dec. 31 2022  0.85        0.85       0.87      Beat    2.7
 This summary was machine generated January 27 at 13:32 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)