Stock Yards Bancorp Inc expected to post earnings of 86 cents a share - Earnings Preview

Stock Yards Bancorp

19/01/2024 13:57

* Stock Yards Bancorp Inc  SYBT.OQ   SYBT.O  is expected
to show a
fall in quarterly revenue when it reports  results on January 23
(estimated) for the period ending December 31 2023
    * The Louisville Kentucky-based  company is expected to
report a
6.6% decrease in revenue to $82.6 million from $88.41 million a
year ago, according to the mean estimate from 3 analysts, based
on LSEG data. (Sales/Revenue Majority Basis is on Total Revenue)
    * ​LSEG's mean analyst estimate for Stock Yards Bancorp Inc
is for
earnings of 86 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 1 "strong buy" or "buy," 3
"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 Stock Yards
Bancorp Inc is $53.00​, above​ its last closing price of $47.78.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Sep. 30 2023  0.90        0.91       0.92      Beat    1.6
 Jun. 30 2023  0.92        0.92       0.94      Beat    2.2
 Mar. 31 2023  0.89        0.92       0.99      Beat    7.8​
 Dec. 31 2022  0.97        0.97       1.01      Beat    4.5
 ​​Sep.        0.92        0.92       0.97      Beat    5.4
 30 2022                                                
 Jun. 30 2022  0.87        0.86       0.91      Beat    5.6​
 Mar. 31 2022  0.68        0.69       0.29      Missed  -58.2
 Dec. 31 2021  0.62        0.67       0.92      Beat    37.3
 This summary was machine generated January 19 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)