Servisfirst Bancshares SFBS is gearing up to announce its quarterly earnings on Monday, 2024-10-21. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Servisfirst Bancshares will report an earnings per share (EPS) of $0.97.
The market awaits Servisfirst 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
During the last quarter, the company reported an EPS beat by $0.04, leading to a 12.97% increase in the share price on the subsequent day.
Here's a look at Servisfirst Bancshares's past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.91 | 0.88 | 0.88 | 0.95 |
EPS Actual | 0.95 | 0.94 | 0.91 | 0.98 |
Price Change % | 13.0% | 2.0% | 2.0% | -5.0% |
Servisfirst Bancshares Share Price Analysis
Shares of Servisfirst Bancshares were trading at $87.57 as of October 17. Over the last 52-week period, shares are up 85.68%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Servisfirst Bancshares 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.
Comments
Trade confidently with insights and alerts from analyst ratings, free reports and breaking news that affects the stocks you care about.