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

Southside Bancshares

22/07/2022 17:01

* Southside Bancshares Inc  SBSI.OQ   SBSI.O  is expected
to show
a rise in quarterly revenue when it reports  results on July
25. 
    * The Tyler Texas-based  company is expected to report  a
14.2% increase in revenue to $64.595 million from $56.58 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 76 cents per share. For the same quarter last
year, the company reported earnings of 65 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 $42.5​, above​ its last closing price
of $37.48. ​​​
    * Previous quarterly performance (using preferred earnings
measure
in US dollars). ​

 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Mar. 31 2022  0.70        0.70       0.77      Beat    10.6
 Dec. 31 2022  0.76        0.76       0.88      Beat    16.4
 Sep. 30 2021  0.65        0.65       0.93      Beat    42.5​
 Jun. 30 2021  0.69        0.69       0.65      Missed  -5.3
 ​​Mar.        0.68        0.69       1.04      Beat    51.8
 31 2021                                                
 Dec. 31 2020  0.64        0.64       0.89      Beat    39.6​
 Sep. 30 2020  0.57        0.56       0.82      Beat    46
 Jun. 30 2020  0.38        0.37       0.65      Beat    76.9
 This summary was machine generated July 22 at 16:01 GMT.  All
figures in US dollars  unless otherwise stated