Southside Bancshares Inc reports results for the quarter ended in June - Earnings Summary

Southside Bancshares

23/07/2021 11:46

* Southside Bancshares Inc  SBSI.OQ  reported quarterly adjusted
earnings of 65 cents​​ per share for the quarter ended in June.
The mean expectation of four analysts for the quarter was
for earnings of 69 cents per share.
* Revenue fell 4.8% to $56.58 million from a year ago;  analysts
expected $60.63 million. 
* Southside Bancshares Inc's reported EPS for the quarter was 65
cents​.
* The mean earnings estimate of analysts had risen by about 2.9%
in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Southside Bancshares Inc shares had fallen by 6.6% this
quarter and gained 15.0% so far this year.
* The company reported quarterly net income of $21.32 million.
* Wall Street's median 12-month price target for Southside
Bancshares Inc is $41.50 
* 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." 
This summary was machine generated July 23 at 10:46 a.m.  ​All
figures in US dollars unless otherwise stated