Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Bridgewater Bancshares ($BWB)

30

The highly anticipated financial results for the third quarter of Bridgewater Bancshares (NASDAQ: BWB) are scheduled to be disclosed on Wednesday 23rd October 2024. This important update will be made available after market close, providing investors and market participants with key information regarding the company's financial status.

Financial experts on Wall Street anticipate that the establishment is set to announce an estimated $0.24 profit per share for the quarter. Furthermore, the company is expected to disclose a total revenue of $27.1 million for this specific period.

Wall Street analysts have unveiled their forecasts for the company's yearly performance, estimating a total revenue of $108.93 million. Additionally, they expect the company to reach profit of $0.99 per share for the fiscal year.

In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $0.3. This significant amount was attributed to the company's remarkable total revenue of $26.65 million generated during that specific period.

Period EPS
Actual
EPS
Growth*
Revenue
Actual
Revenue
Growth*
Historical Earnings Insight
Q2 2024 $0.26 -16.1% 26.76 M -1.8%
Q1 2024 $0.24 -35.1% 26.18 M -13.5%
Q4 2023 $0.28 -37.8% 26.72 M -22.8%
Q3 2023 $0.30 -36.2% 26.65 M -24.9%
Q2 2023 $0.31 -24.4% 27.24 M -20.3%
*Growth on year-over-year basis

 

BWB will host a conference call with investment community on 24th October 2024 at 09:00 AM eastern time to discuss the financial results.

Bridgewater Bancshares (BWB) shares experienced a range of $14.72 to $15.52 on a day volume of 31.10 thousand shares. The stock closed Monday's regular trading session at $14.74, showing a 4.6 percent decrease.