Sterling Bancorp Inc reports results for the quarter ended in June - Earnings Summary

STERLING BANCORP

02/08/2021 14:12

* Sterling Bancorp Inc  SBT.OQ  reported quarterly adjusted
earnings of 5 cents​​ per share for the quarter ended in June.
The mean expectation of three analysts for the quarter was
for earnings of 6 cents per share.
* Revenue fell 15.7% to $23.60 million from a year ago; 
analysts expected $23.17 million. 
* Sterling Bancorp Inc's reported EPS for the quarter was 5
cents​.
* The mean earnings estimate of analysts had risen by
about 11.8% in the last three months.​ 
* In the last 30 days there have been no earnings estimate
revisions by analysts covering the company. 
* Sterling Bancorp Inc shares had risen by 5.1% this quarter and
gained 5.3% so far this year.
* The company reported quarterly net income of $2.57 million.
* Wall Street's median 12-month price target for Sterling
Bancorp Inc is $6.00 
* 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." 
This summary was machine generated August 2 at 01:12 p.m.  ​All
figures in US dollars unless otherwise stated