Stock Yards Bancorp Inc expected to post earnings of 94 cents a share - Earnings Preview

Stock Yards Bancorp

21/10/2024 16:50

* Stock Yards Bancorp Inc  SYBT.OQ   SYBT.O  is expected
to show a
rise in quarterly revenue when it reports  results on October 23
(estimated) for the period ending September 30 2024
    * The Louisville Kentucky-based  company is expected to
report a
8.9% increase in revenue to $87.88 million from $80.72 million a
year ago, according to the mean estimate from 5 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 94 cents per share. 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 2 "strong buy" or "buy," 4
"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 $64.00​, below​ its last closing price of $65.67.
​​​

Previous quarterly performance (using preferred earnings measure
in US dollars). ​
 QUARTER       STARMINESM  LSEG IBES  ACTUAL    BEAT,   SURPRI
 ENDING        ARTESTIMAT  ESTIMATE             MET,    SE %
               E®                               MISSED  
 Jun. 30 2024  0.84        0.84       0.94      Beat    11.9
 Jan. 1 2024   0.81        0.81       0.88      Beat    8.3
 Dec. 31 2023              0.86       0.82      Missed  -4.8​
 Sep. 30 2023              0.91       0.92      Beat    1.6
 ​​Jun.        0.92        0.92       0.94      Beat    2.2
 30 2023                                                
 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. 30 2022  0.92        0.92       0.97      Beat    
 This summary was machine generated October 21 at 15:50 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)