Veritex Holdings Inc reports results for the quarter ended in June - Earnings Summary

Veritex Holdings

27/07/2022 16:11

* Veritex Holdings Inc  VBTX.OQ  reported quarterly adjusted
earnings of 55 cents​​ per share for the quarter ended in June.
The mean expectation of six analysts for the quarter was
for earnings of 69 cents per share.
    * Revenue rose 19.2% to $94.86 million from a year ago;
analysts
expected $98.38 million. 
    * Veritex Holdings Inc's reported EPS for the quarter was 54
cents​.
    * The mean earnings estimate of analysts had fallen by
about 0.9%
in the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Veritex Holdings Inc shares had risen by 5.3% this
quarter and
lost 22.6% so far this year.
    * The company reported quarterly net income of $29.63
million.
    * Wall Street's median 12-month price target for Veritex
Holdings
Inc is $39.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 6 "strong buy" or "buy," no
"hold" and no "sell" or "strong sell." 

This summary was machine generated from Refinitiv data July 27
at 03:11 p.m.  ​All figures in US dollars unless otherwise
stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Jun. 30 2022      0.69           0.55           Missed
 Mar. 31 2022      0.66           0.66           Met
 Dec. 31 2021      0.72           0.84           Beat
 Sep. 30 2021      0.68           0.70           Beat