Save the date! Wednesday 23rd October 2024, is when Amerant Bancorp (NASDAQ: AMTB) will be sharing its eagerly awaited third quarter financial results. Investors and analysts will be able to gain valuable insights into the company's financial performance as the announcement is scheduled after market close.
In accordance with the forecasts of financial specialists on Wall Street, the enterprise is primed to announce an anticipated $0.21 profit per share for the quarter. Additionally, the company is projected to reveal a total revenue of $98.53 million for this particular period.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.64. This significant amount was attributed to the company's remarkable total revenue of $93.62 million generated during that specific period.
Wall Street analysts have offered their forecasts for the company's yearly performance, predicting a total revenue of $392.37 million. At the same time, they are expecting the company to achieve per share profit of $1.09 for the fiscal year ahead.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.28 | +16.7% | 98.75 M | +0.7% |
| Q1 2024 | $0.32 | -45.8% | 92.66 M | -5.7% |
| Q4 2023 | $0.46 | +15.0% | 95.60 M | -1.9% |
| Q3 2023 | $0.64 | +1.6% | 93.62 M | +10.9% |
| Q2 2023 | $0.24 | -46.7% | 98.05 M | +33.2% |
| *Growth on year-over-year basis | ||||
AMTB will host a conference call with investment community on 24th October 2024 at 09:00 AM eastern time to discuss the financial results.
Amerant Bancorp (AMTB) shares traded as low as $20.48 and as high as $21.11 on a day volume of 255.50 thousand shares, closed Monday's regular trading session at $20.53, drop of 2 percent.
