Bridgewater Bancshares BWB 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 Bridgewater Bancshares will report an earnings per share (EPS) of $0.24.
The announcement from Bridgewater Bancshares 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.
Performance in Previous Earnings
In the previous earnings release, the company beat EPS by $0.02, leading to a 5.0% increase in the share price the following trading session.
Here's a look at Bridgewater Bancshares's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.24 | 0.25 | 0.25 | 0.27 |
EPS Actual | 0.26 | 0.24 | 0.28 | 0.30 |
Price Change % | 5.0% | -2.0% | 1.0% | 6.0% |
Stock Performance
Shares of Bridgewater Bancshares were trading at $14.74 as of October 21. Over the last 52-week period, shares are up 67.52%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Bridgewater Bancshares visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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