Southside Bancshares Inc expected to post earnings of 85cents a share - Earnings Preview

Southside Bancshares

25/01/2023 13:52

* Southside Bancshares Inc  SBSI.OQ   SBSI.O  is expected
to show
a rise in quarterly revenue when it reports  results on January
27. 
    * The Tyler Texas-based  company is expected to report  a
15.8% increase in revenue to $69.414 million from $59.93 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 85 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 $36.75​, above​ its last closing price
of $35.86. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Sep. 30 2022  0.88        0.87       0.84      Missed  -3.7
 Jun. 30 2022  0.76        0.76       0.79      Beat    4.6
 Mar. 31 2022  0.70        0.70       0.77      Beat    10.6​
 Dec. 31 2021  0.76        0.76       0.88      Beat    16.4
 ​​Sep.        0.65        0.65       0.93      Beat    42.5
 30 2021                                                
 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
 This summary was machine generated January 25 at 13:52 GMT.  All
figures in US dollars  unless otherwise stated