On Thursday 24th October 2024, Ameris Bancorp (NASDAQ: ABCB) will be releasing its third quarter financial results. This much awaited announcement will be made after market close.
Financial analysts on Wall Street are anticipating that the firm will announce an estimated $1.25 profit per share for the quarter. Furthermore, the firm is projected to disclose a total revenue of $286.86 million for this period.
Analysts have provided their projections for the company's full-year performance, revealing that they expect the company to generate a total revenue of $1.12 billion. At the same time, the earnings per share for the company are also anticipated to reach profit of $4.74 during the fiscal year.
In the corresponding quarter of the previous year, the company's earnings report revealed a per-share income of $1.16. This significant amount was attributed to the company's remarkable total revenue of $270.93 million generated during that specific period.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $1.17 | +28.6% | 300.63 M | +8.6% |
| Q1 2024 | $1.10 | +27.9% | 267.27 M | -0.2% |
| Q4 2023 | $1.07 | -8.5% | 262.35 M | -3.7% |
| Q3 2023 | $1.16 | -12.1% | 270.93 M | -2.6% |
| Q2 2023 | $0.91 | -22.9% | 276.89 M | +0.6% |
| *Growth on year-over-year basis | ||||
ABCB will host a conference call with investment community on 25th October 2024 at 09:00 AM eastern time to discuss the financial results.
The previous trading day saw Ameris Bancorp (ABCB) shares trading between $62.23 and $63.02, besides a volume of 207.30 thousand shares. The stock closed Tuesday's regular trading session at $62.89, marking 0.77 percent advance.
