Bank OZK (NASDAQ: OZK) has announced that it will be releasing its financial results for the third quarter of 2024 on Thursday 17th October 2024. The report will be made available after market close, allowing investors and analysts to evaluate the company's performance during this period.
Financial analysts on Wall Street are predicting that the establishment is about to reveal an estimated $1.53 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $423.74 million for this period.
When examining the corresponding quarter from the previous year, the company's earnings report highlighted a per-share income of $1.49. This results was derived from the company's total revenue, which reached an impressive $392.99 million during same quarter.
Wall Street analysts have shared their forecasts for the company's annual performance, predicting a total revenue of $1.66 billion. Additionally, they expect the company to post profit of $6.01 per share for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.52 | +3.4% | 416.78 M | +7.2% |
| Q1 2024 | $1.51 | +7.1% | 406.02 M | +9.0% |
| Q4 2023 | $1.50 | +11.9% | 407.58 M | +13.2% |
| Q3 2023 | $1.49 | +38.0% | 392.99 M | +21.4% |
| Q2 2023 | $1.47 | +33.6% | 388.81 M | +33.1% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 18th October 2024 at 11:00 AM eastern time to review the Q3 2024 financial results.
During the trading day, Bank OZK (OZK) shares reached a low of $44.91 and a high of $46.32, along with a total volume of 1.78 million shares. The stock ended the regular trading session at $45.66, showing an increase of 2.17 percent.
