Southside Bancshares Inc expected to post earnings of 76 cents a share - Earnings Preview

Southside Bancshares

26/01/2022 14:17

* Southside Bancshares Inc  SBSI.OQ   SBSI.O  is expected
to show
a rise in quarterly revenue when it reports  results on January
28. 
    * The Tyler Texas-based  company is expected to report  a
5.3% increase in revenue to $62.759 million from $59.61 million
a year ago, according to the mean estimate from 5 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Southside
Bancshares Inc
is for earnings of 76 cents per share. For the same quarter last
year, the company reported earnings of 89 cents per share.
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"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 $45​, about 3.8% above​ its last closing price
of $43.31. ​​​
    * 

This summary was machine generated January 26 at 14:17 GMT.  All
figures in US dollars  unless otherwise stated