Origin Bancorp OBK is preparing to release its quarterly earnings on Wednesday, 2024-10-23. Here's a brief overview of what investors should keep in mind before the announcement.
Analysts expect Origin Bancorp to report an earnings per share (EPS) of $0.66.
The announcement from Origin Bancorp is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It's worth noting for new investors that guidance can be a key determinant of stock price movements.
Historical Earnings Performance
In the previous earnings release, the company beat EPS by $0.05, leading to a 4.81% drop in the share price the following trading session.
Here's a look at Origin Bancorp's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.62 | 0.60 | 0.62 | 0.64 |
| EPS Actual | 0.67 | 0.73 | 0.60 | 0.71 |
| Price Change % | -5.0% | 3.0% | -5.0% | 6.0% |
Origin Bancorp Share Price Analysis
Shares of Origin Bancorp were trading at $31.44 as of October 21. Over the last 52-week period, shares are up 18.24%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Origin 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.
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