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

Veritex Holdings

25/04/2023 23:16

* Veritex Holdings Inc  VBTX.OQ  reported quarterly adjusted
earnings of 79 cents​​ per share for the quarter ended in March.
The mean expectation of six analysts for the quarter was
for earnings of 74 cents per share.
    * Revenue rose 32.7% to $116.92 million from a year ago;
analysts
expected $117.64 million. 
    * Veritex Holdings Inc's reported EPS for the quarter was 70
cents​.
    * The mean earnings estimate of analysts had fallen by
about 15.8%
in the last three months.​ 
    * In the last 30 days, five analysts negatively revised
earnings
estimates 
    * Veritex Holdings Inc shares had fallen by 3.2% this
quarter and
lost 37.0% so far this year.
    * The company reported quarterly net income of $38.41
million.
    * Wall Street's median 12-month price target for Veritex
Holdings
Inc is $26.00 
    * The current average analyst rating on the shares is "buy"
and
the breakdown of recommendations is 4 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 

This summary was machine generated from LSEG Refinitiv data
April 25 at 10:16 p.m. UTC. ​All figures in US dollars unless
otherwise stated. QUARTER ENDING    ESTIMATE       ACTUAL         BEAT, MET,
                                                 MISSED
 Mar. 31 2023      0.74           0.79           Beat
 Dec. 31 2022      0.88           0.76           Missed
 Sep. 30 2022      0.76           0.80           Beat
 Jun. 30 2022      0.69           0.55           Missed