Eagle Bancorp EGBN is set to give its latest quarterly earnings report on Wednesday, 2024-10-23. Here's what investors need to know before the announcement.
Analysts estimate that Eagle Bancorp will report an earnings per share (EPS) of $0.42.
The market awaits Eagle Bancorp'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.
Earnings Track Record
The company's EPS beat by $0.25 in the last quarter, leading to a 0.94% increase in the share price on the following day.
Here's a look at Eagle Bancorp's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.42 | 0.59 | 0.68 | 0.72 |
| EPS Actual | 0.67 | -0.01 | 0.67 | 0.91 |
| Price Change % | 1.0% | -10.0% | -3.0% | 13.0% |
Tracking Eagle Bancorp's Stock Performance
Shares of Eagle Bancorp were trading at $23.15 as of October 21. Over the last 52-week period, shares are up 30.46%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Eagle Bancorp visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.
