Recap: Sterling Bancorp Q3 Earnings

Sterling Bancorp SBT reported its Q3 earnings results on Monday, October 31, 2022 at 07:30 AM.

Here's what investors need to know about the announcement.

Sterling Bancorp missed estimated earnings by 50.0%, reporting an EPS of $0.02 versus an estimate of $0.04.

Revenue was down $5.51 million from the same period last year.

Last quarter the company missed on EPS by $0.12 which was followed by a 0.67% increase in the share price the next day.

Here's a look at Sterling Bancorp's past performance:

Quarter	Q2 2022	Q1 2022	Q4 2021	Q3 2021
EPS Estimate	0.08	0.09	0.1	0.07
EPS Actual	-0.04	0.10	0.1	0.08
Revenue Estimate	21.94M	23.27M	23.13M	22.95M
Revenue Actual	19.52M	22.68M	25.28M	24.70M

To track all earnings releases for Sterling Bancorp visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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