Stellar Bancorp Inc expected to post earnings of 81cents a share - Earnings Preview

Stellar Bancorp

26/10/2022 16:25

* Stellar Bancorp Inc  STEL.OQ   STEL.O  is expected to show
a
rise in quarterly revenue when it reports  results on October
28. 
    * The Houston Texas-based  company is expected to report  a
21.9% increase in revenue to $44.882 million from $36.81 million
a year ago, according to the estimate from one analyst, based on
Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Stellar Bancorp Inc
is
for earnings of 81 cents per share. 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "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 $34​, above​ its last closing price of $29.30. ​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  IBES                 MET,    SE %
               E®          ESTIMATE             MISSED  
 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. 30 2021  0.38        0.37       0.59      Beat    59
 ​​Jun.        0.41        0.41       0.48      Beat    16.1
 30 2021                                                
 Mar. 31 2021  0.34        0.35       0.41      Beat    18.3​
 Dec. 31 2020  0.27        0.27       0.41      Beat    53.7
 Sep. 30 2020  0.26        0.26       0.26      Met     1.3
 This summary was machine generated October 26 at 15:25 GMT.  All
figures in US dollars  unless otherwise stated