A Sneak Peek At Great Southern Bancorp, Inc. ($GSBC) 3Q20 Earnings

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Great Southern Bancorp, Inc. (NASDAQ:GSBC) is reporting third quarter financial results on Wednesday 21st October 2020, after market close.

According to analysts surveyed by Thomson Reuters, GSBC is expected to report 3Q20 income of $ 0.75 per share from revenue of $ 44.03 million.

For the full year, analysts anticipate top line of $ 176.27 million, while looking forward to income of $ 3.46 per share bottom line.

Previous Quarter Performance

Great Southern Bancorp, Inc. posted income for the second quarter of $ 0.93 per share, from the revenue of $ 43.45 million. The quarterly earnings shrunk 27.34 percent while revenues reduced 2.69 percent compared with the same quarter last year.
The consensus estimates are income of $ 0.55 per share from $ 43.94 million in revenue. The bottom line results beat street analysts by $ 0.38 or 69.09 percent, at the same time, top line results fell short of analysts by $ 0.49 million or 1.12 percent.

Stock Performance

Shares of Great Southern Bancorp, Inc. traded up $ 0.52 or 1.34 percent on Tuesday, reaching $ 39.24 with volume of 22.10 thousand shares. Great Southern Bancorp, Inc. has traded high as $ 39.65 and has cracked $ 38.72 on the downward trend

The closing price of $ 39.24, representing a 20.14 % increase from the 52 week low of $ 32.23 and a 39.95 % decrease over the 52 week high of $ 64.48.

The company has a market capital of $ 552.77 million and is part of the Financial Services sector and Banks – Regional – US industry.

Recent Analyst recommendations

  • On 29th September 2020, maintained by Piper Sandler at Neutral rating, with $ 38.00 target price.
Conference Call

Great Southern Bancorp, Inc. will be hosting a conference call at 3:00 PM eastern time on 22nd October 2020, to discuss its 3Q20 financial results with the investment community. A live webcast with presentations will be available on the Internet by visiting the Company website www.greatsouthernbank.com

Great Southern Bancorp, Inc. operates as a bank holding company for Great Southern Bank that offers a range of financial services in the United States. Its deposit products include regular savings accounts, checking accounts, money market accounts, fixed interest rate certificates with varying maturities, certificates of deposit, brokered certificates, and individual retirement accounts.