The Bancorp (NASDAQ: TBBK) has announced that it will be unveiling its third quarter financial results on Thursday 24th October 2024. The disclosure is planned to occur after market close.
According to the forecasts of financial experts on Wall Street, the concern is expected to reveal an anticipated $1.12 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $99.31 million.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.92. Moreover, the company generated a total revenue of $88.88 million during that specific quarter.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $388.57 million. Additionally, they expect the company to post profit of $4.4 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.07 | +20.2% | 93.80 M | +7.6% |
| Q1 2024 | $1.06 | +20.5% | 94.42 M | +10.0% |
| Q4 2023 | $0.95 | +33.8% | 92.16 M | +20.1% |
| Q3 2023 | $0.92 | +61.4% | 88.88 M | +37.5% |
| Q2 2023 | $0.89 | +67.9% | 87.20 M | +59.8% |
| *Growth on year-over-year basis | ||||
In addition, The firm will review the third quarter financial results on 25th October 2024 at 08:00 AM eastern time, in a conference call with public.
During Tuesday's trading, The Bancorp (TBBK) shares reached a low of $55.04 and a high of $56.32, along with a total volume of 345.40 thousand shares. The stock ended the regular trading session at $55.88, reflecting downfall of 0.43 percent.
