CrossFirst Bankshares’s Earnings: A Preview – CrossFirst Bankshares (NASDAQ:CFB)

CrossFirst Bankshares CFB is set to give its latest quarterly earnings report on Monday, 2024-01-22. Here’s what investors need to know before the announcement.

Analysts estimate that CrossFirst Bankshares will report an earnings per share (EPS) of $0.36.

CrossFirst Bankshares bulls will hope to hear the company announce they’ve not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Historical Earnings Performance

Last quarter the company beat EPS by $0.05, which was followed by a 7.32% increase in the share price the next day.

Here’s a look at CrossFirst Bankshares’s past performance and the resulting price change:

Quarter Q3 2023 Q2 2023 Q1 2023 Q4 2022
EPS Estimate 0.32 0.34 0.31 0.32
EPS Actual 0.37 0.35 0.35 0.36
Price Change % 7.32% -0.36% -1.68% 6.58%

Stock Performance

Shares of CrossFirst Bankshares were trading at $12.925 as of January 17. Over the last 52-week period, shares are up 6.29%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for CrossFirst Bankshares visit their earnings calendar on our site.

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

Source link

Related Articles

Leave a Reply

Your email address will not be published. Required fields are marked *

Back to top button