Southside Bancshares Inc expected to post earnings of 73 cents a share - Earnings Preview

Southside Bancshares

22/10/2024 15:08

* Southside Bancshares Inc  SBSI.OQ   SBSI.O  is expected
to show
a rise in quarterly revenue when it reports  results on October
24 for the period ending September 30 2024
    * The Tyler Texas-based  company is expected to report a
6.7% increase in revenue to $68.4 million from $64.11 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for Southside Bancshares Inc
is
for earnings of 73 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 3
"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 $37.00​, above​ its last closing price
of $33.19. ​​​

This summary was machine generated October 22 at 14:08 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)