Stock Yards Bancorp Inc reports results for the quarter ended in September - Earnings Summary

Stock Yards Bancorp

25/10/2023 22:01

* Stock Yards Bancorp Inc  SYBT.OQ  reported quarterly
adjusted
earnings of 92 cents​​ per share for the quarter ended in
September. The mean expectation of five analysts for the quarter
was for earnings of 91 cents per share.
    * Revenue fell 7.5% to $80.72 million from a year ago;
analysts
expected $83.63 million. 
    * Stock Yards Bancorp Inc's reported EPS for the quarter was
92
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.2%
in the last three months.​ 
    * In the last 30 days, one analyst negatively revised an
earnings
estimate 
    * Stock Yards Bancorp Inc shares had fallen by 2.5% this
quarter and lost 41.1% so far this year.
    * The company reported quarterly net income of $27.09
million.
    * Wall Street's median 12-month price target for Stock Yards
Bancorp Inc is $50.50 
    * The current average analyst rating on the shares is "hold"
and
the breakdown of recommendations is no "strong buy" or "buy," 5
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
October 25 at 09:00 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Sep. 30 2023      0.91           0.92           Beat
 Jun. 30 2023      0.92           0.94           Beat
 Mar. 31 2023      0.92           0.99           Beat
 Dec. 31 2022      0.97           1.01           Beat