Sterling Bancorp Inc expected to post earnings of 3 cents a share - Earnings Preview

STERLING BANCORP

22/01/2024 13:57

* Sterling Bancorp Inc  SBT.OQ   SBT.O  is expected to show
a fall
in quarterly revenue when it reports  results on January 24 for
the period ending December 31 2023
    * The Southfield Michigan-based  company is expected to
report a
12.8% decrease in revenue to $16.37 million from $18.77 million
a year ago, according to the estimate from one analyst, based on
LSEG data. (SAL represents Total Revenue)
    * ​LSEG's mean analyst estimate for Sterling Bancorp Inc is
for
earnings of 3 cents per share. 
    * The one available analyst rating on the shares is "buy".  
    * 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 $8.00​, above​ its last closing price of $5.42. ​​​

This summary was machine generated January 22 at 13:57 GMT.  All
figures in US dollars unless otherwise stated. (For questions
concerning the data in this report, contact
Estimates.Support@lseg.com. For any other questions or feedback,
contact RefinitivNewsSupport@thomsonreuters.com)