Business First Bancshares BFST is gearing up to announce its quarterly earnings on Thursday, 2024-10-24. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Business First Bancshares will report an earnings per share (EPS) of $0.57.
The market awaits Business First Bancshares'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
The company's EPS beat by $0.13 in the last quarter, leading to a 3.97% increase in the share price on the following day.
Here's a look at Business First Bancshares's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.51 | 0.57 | 0.60 | 0.61 |
| EPS Actual | 0.64 | 0.50 | 0.66 | 0.71 |
| Price Change % | 4.0% | -5.0% | -2.0% | 3.0% |
Tracking Business First Bancshares's Stock Performance
Shares of Business First Bancshares were trading at $25.44 as of October 22. Over the last 52-week period, shares are up 36.62%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
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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