Bank of Marin BMRC will release its quarterly earnings report on Monday, 2024-10-28. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate Bank of Marin to report an earnings per share (EPS) of $0.26.
The announcement from Bank of Marin 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.
Earnings Track Record
The company's EPS missed by $0.11 in the last quarter, leading to a 8.72% increase in the share price on the following day.
Here's a look at Bank of Marin's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.17 | 0.26 | 0.32 | 0.32 |
EPS Actual | 0.06 | 0.18 | 0.30 | 0.33 |
Price Change % | 9.0% | -1.0% | -0.0% | -4.0% |
Stock Performance
Shares of Bank of Marin were trading at $21.94 as of October 24. Over the last 52-week period, shares are up 30.65%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Bank of Marin 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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