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

Veritex Holdings

27/04/2022 05:33

* Veritex Holdings Inc  VBTX.OQ  reported quarterly adjusted
earnings of 66 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 66 cents per share.
    * Revenue rose 10.4% to $88.14 million from a year ago; 
analysts
expected $93.69 million. 
    * Veritex Holdings Inc's reported EPS for the quarter was 65
cents​.
    * The mean earnings estimate of analysts had fallen by
about 6% in
the last three months.​ 
    * In the last 30 days one analyst negatively revised an
earnings
estimate 
    * Veritex Holdings Inc shares had fallen by 8.9% this
quarter and
lost 12.5% so far this year.
    * The company reported quarterly net income of $33.47
million.
    * Wall Street's median 12-month price target for Veritex
Holdings
Inc is $49.50 
    * 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 April 27 at 04:33 a.m.  ​All
figures in US dollars unless otherwise stated