Sterling Bancorp Inc expected to post earnings of 10 cents a share - Earnings Preview

STERLING BANCORP

28/01/2022 14:56

* Sterling Bancorp Inc  SBT.OQ   SBT.O  is expected to show
a fall
in quarterly revenue when it reports  results on February 3. 
    * The Southfield Michigan-based  company is expected to
report  a
10.2% decrease in revenue to $23.13 million from $25.74 million
a year ago, according to the mean estimate from 2 analysts,
based on Refinitiv data. 
    * ​Refinitiv's mean analyst estimate for Sterling Bancorp
Inc is
for earnings of 10 cents per share. For the same quarter last
year, the company reported a loss of 23 cents per share.
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 1
"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 Sterling
Bancorp
Inc is $6.5​, about 8.5% above​ its last closing price
of $5.95. ​​​
    * 

This summary was machine generated January 28 at 14:56 GMT.  All
figures in US dollars  unless otherwise stated