Mark your calendars for Thursday 24th October 2024, as Southside Bancshares (NASDAQ: SBSI) will be revealing its third quarter financial results. This highly awaited announcement is scheduled to take place before market open, pave the way to review a period of expectation and anticipation.
According to the predictions of financial experts on Wall Street, the firm is set to unveil an estimated $0.73 profit per share for the quarter. Additionally, the company is expected to report a total revenue of $68.4 million for the specific period.
The per-share income of $0.6 was highlighted in the company's earnings report for the same quarter of the prior year. This notable figure was achieved due to the company's impressive total revenue of $64.11 million recorded during that specific period.
Analysts on Wall Street have shared their predictions regarding the annual performance of the company, estimating a total revenue of $270.76 million. Additionally, they are expecting the company to achieve per share profit of $2.99 for the fiscal year.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.81 | 0% | 65.17 M | +1.2% |
| Q1 2024 | $0.71 | -14.5% | 63.07 M | -3.5% |
| Q4 2023 | $0.57 | -34.5% | 56.99 M | -15.7% |
| Q3 2023 | $0.60 | -28.6% | 64.11 M | -2.5% |
| Q2 2023 | $0.81 | +2.5% | 64.38 M | +7.0% |
| *Growth on year-over-year basis | ||||
SBSI has scheduled a conference call on 24th October 2024 at 12:00 PM eastern time to discuss the third quarter financial results and other related information.
Southside Bancshares (SBSI) closed Tuesday's regular trading session at $33.66, reflecting a 1.42 percent advance, with a volume of 54.00 thousand shares.
