RBB Bancorp (NASDAQ: RBB) is set to announce its financial results for the third quarter of 2024 on Monday 21st October 2024. This highly anticipated announcement is scheduled to take place after market close. Investors will have the opportunity to learn more about the company's performance during the quarter.
According to predictions from financial analysts on Wall Street, the concern is expected to report an estimated per share $0.38 profit for the quarter. Furthermore, the company is anticipated to unveil a total revenue of $28.36 million during this period.
Analysts forecasting the company's performance for this year have been made public. The estimated total revenue is about $112.04 million. They also predict that throughout the course of the fiscal year, the business will make about profit of $1.59 per share.
During the same quarter of the previous year, the company's earnings report indicated a per-share income of $0.63. This noteworthy figure was a direct outcome of the company's total revenue, which reached an impressive $35.32 million during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.39 | -32.8% | 27.45 M | -20.2% |
| Q1 2024 | $0.43 | -25.9% | 28.25 M | -22.5% |
| Q4 2023 | $0.45 | -51.1% | 33.06 M | -20.0% |
| Q3 2023 | $0.63 | -27.6% | 35.32 M | -14.9% |
| Q2 2023 | $0.58 | -27.5% | 34.42 M | -15.0% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 22nd October 2024 at 02:00 PM eastern time to review the Q3 2024 financial results.
During Thursday's trading, RBB Bancorp (RBB) shares reached a low of $24.05 and a high of $24.50, along with a total volume of 53.70 thousand shares. The stock ended the regular trading session at $24.43, showing a gain of 0.53 percent.
