Earnings Outlook For SmartFinancial

SmartFinancial SMBK is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect SmartFinancial to report an earnings per share (EPS) of $0.47.

The market awaits SmartFinancial's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Performance in Previous Earnings

In the previous earnings release, the company beat EPS by $0.07, leading to a 3.43% increase in the share price the following trading session.

Here's a look at SmartFinancial's past performance and the resulting price change:

Tracking SmartFinancial's Stock Performance

Shares of SmartFinancial were trading at $31.5 as of October 17. Over the last 52-week period, shares are up 54.35%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for SmartFinancial visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.