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

STERLING BANCORP

03/05/2021 13:55

* Sterling Bancorp Inc  SBT.OQ  reported quarterly adjusted
earnings of 5 cents​​ per share for the quarter ended in March.
The mean expectation of three analysts for the quarter was
for earnings of 2 cents per share.
* Revenue fell 16.2% to $23.68 million from a year ago​; 
analysts expected $25.13 million.
* Sterling Bancorp Inc's reported EPS for the quarter was 5
cents​.
* The mean earnings estimate of analysts had fallen by
about 54.5% 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 fallen by 12.5% this
quarter and gained 9.0% so far this year.
* The company reported quarterly net income of $2.33 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 May 3 at 12:54 p.m. GMT. ​All
figures in US Dollars.​