Investors and market participants can look forward to the unveiling of S&T Bancorp (NASDAQ: STBA) third quarter financial results on Thursday 17th October 2024. This important update will be made available before market open.
As per the predictions of financial analysts on Wall Street, the enterprise is set to report an estimated per share $0.81 profit for the third quarter. Additionally, the company is projected to unveil a revenue of $98.89 million for the period.
Looking back at the corresponding quarter from the previous year, the company's earnings report revealed a per-share income of $0.87. This notable figure was attributed to the company's total revenue, which settled at an impressive $99.57 million during that specific quarter.
The company's full-year performance projections, as provided by Wall Street analysts, suggest a total revenue of $391.35 million. Further, they expect the earnings per share to achieve profit of $3.31 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.89 | 0% | 96.90 M | -5.3% |
| Q1 2024 | $0.81 | -20.6% | 96.31 M | -5.6% |
| Q4 2023 | $0.96 | -6.8% | 103.17 M | -1.5% |
| Q3 2023 | $0.87 | -8.4% | 99.57 M | +1.0% |
| Q2 2023 | $0.89 | +20.3% | 102.31 M | +16.5% |
| *Growth on year-over-year basis | ||||
The business has scheduled a conference call on 17th October 2024 at 01:00 PM eastern time to discuss Q3 financial results.
S&T Bancorp (STBA) closed Wednesday's regular trading session at $42.20, marking a 0.79 percent gain. The stock fluctuated between $42.04 and $42.66 during the day, with a volume of 169.30 thousand shares.
