Stellar Bancorp Inc expected to post earnings of 71  cents a share - Earnings Preview

Stellar Bancorp

26/04/2023 17:40

* Stellar Bancorp Inc  STEL.OQ   STEL.O  is expected to show
a
rise in quarterly revenue when it reports  results on April 28. 
    * The Houston Texas-based  company is expected to report  a
218.2% increase in revenue to $120.799 million from $37.96
million a year ago, according to the mean estimate from 4
analysts, based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stellar Bancorp Inc
is
for earnings of 71 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 3 "strong buy" or "buy," 2
"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 Stellar
Bancorp
Inc is $32.5​, above​ its last closing price of $21.46. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 Dec. 31 2022  0.78        0.77       0.04      Missed  -94.8
 Sep. 30 2022  0.79        0.81       0.52      Missed  -35.4
 Jun. 30 2022  0.42        0.42       0.48      Beat    13.4​
 Mar. 31 2022  0.31        0.32       0.38      Beat    18.8
 ​​Dec.        0.33        0.33       0.35      Beat    7.1
 31 2021                                                
 Sep. 30 2021  0.38        0.37       0.59      Beat    59​
 Jun. 30 2021  0.41        0.41       0.48      Beat    16.1
 Mar. 31 2021  0.34        0.35       0.41      Beat    18.3
 This summary was machine generated April 26 at 16:40 GMT.  All
figures in US dollars  unless otherwise stated