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

STERLING BANCORP

22/04/2024 13:33

* Sterling Bancorp Inc  SBT.OQ   SBT.O  is expected to show
a fall
in quarterly revenue when it reports  results on April 24 for
the period ending March 31 2024
    * The Southfield Michigan-based  company is expected to
report a
13.9% decrease in revenue to $15.46 million from $17.95 million
a year ago, according to the estimate from one analyst, based on
LSEG data.
    * ​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 $7.00​, above​ its last closing price of $4.90. ​​​

This summary was machine generated April 22 at 12:32 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)