Stellar Bancorp Inc expected to post earnings of 77cents a share - Earnings Preview

Stellar Bancorp

25/01/2023 13:46

* Stellar Bancorp Inc  STEL.OQ   STEL.O  is expected to show
a
rise in quarterly revenue when it reports  results on January
27. 
    * The Beaumont Texas-based  company is expected to report  a
244.0% increase in revenue to $120.09 million from $34.91
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 77 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 3
"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 $36​, above​ its last closing price of $28.73. ​​​

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  0.79        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. 31 2021  0.33        0.33       0.35      Beat    7.1
 ​​Sep.        0.38        0.37       0.59      Beat    59
 30 2021                                                
 Jun. 30 2021  0.41        0.41       0.48      Beat    16.1​
 Mar. 31 2021  0.34        0.35       0.41      Beat    18.3
 Dec. 31 2020  0.27        0.27       0.41      Beat    53.7
 This summary was machine generated January 25 at 13:46 GMT.  All
figures in US dollars  unless otherwise stated