QCR Holdings, Inc. (NASDAQ:QCRH) is expected to report third quarter earnings results, after market close, on Tuesday 27th October 2020.
Analysts polled by Thomson Reuters anticipate third quarter income of $ 0.76 per share.
Looking ahead, the full year income are expected at $ 3.19 per share on the revenues of $ 169.59 million.
Previous Quarter Performance
QCR Holdings, Inc. outlined income for the second quarter of $ 0.88 per share, from the revenue of $ 40.95 million. The quarterly earnings extended 3.53 percent while revenues swell 5.22 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.63 per share from $ 41.33 million in revenue. The bottom line results beat street analysts by $ 0.25 or 39.68 percent, at the same time, top line results fell short of analysts by $ 0.38 million or 0.92 percent.
Stock Performance
Shares of QCR Holdings, Inc. traded up $ 0.09 or 0.29 percent on Friday, reaching $ 31.37 with volume of 16.10 thousand shares. QCR Holdings, Inc. has traded high as $ 31.56 and has cracked $ 31.14 on the downward trend
According to the previous trading day, closing price of $ 31.37, representing a 39.71 % increase from the 52 week low of $ 22.39 and a 30.12 % decrease over the 52 week high of $ 44.76.
The company has a market capital of $ 495.44 million and is part of the Financial Services sector and Banks – Regional – US industry.
Recent Analyst recommendations
- On 29th September 2020, maintained by Piper Sandler at Overweight rating, with $ 37.00 target price.
QCR Holdings, Inc., a multi-bank holding company, provides commercial and consumer banking, and trust and asset management services. The company operates through Commercial Banking and Wealth Management segments. Its deposit products include noninterest and interest-bearing demand, time, and brokered deposits.
