Mark your calendars for Monday 21st October 2024, as SmartFinancial (NASDAQ: SMBK) is set to unveil its third quarter financial results. This highly anticipated announcement will be made after market close, giving investors and market participants a chance to assess the company's financial performance.
In accordance with the predictions of financial analysts on Wall Street, the firm is on track to report an expected per share of $0.47 profit for the quarter. Furthermore, the firm is projected to disclose a total revenue of $42.37 million for this quarter.
According to the Wall Street analysts projections, the company is expected to generate a total revenue of $164.92 million for the fiscal year. Additionally, these analysts anticipate that the company will report profit of $1.93 per share during the same period.
In the same three months of the year before, the company made income of $0.43 per share, as shown in their financial report. This number came from the total revenue of $31.7 million that the company earned in that particular quarter.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.46 | -11.5% | 40.42 M | +4.4% |
| Q1 2024 | $0.49 | -27.9% | 40.10 M | -6.5% |
| Q4 2023 | $0.41 | -46.1% | 39.10 M | -12.6% |
| Q3 2023 | $0.43 | -37.7% | 31.70 M | -26.2% |
| Q2 2023 | $0.52 | -14.8% | 38.71 M | -3.9% |
| *Growth on year-over-year basis | ||||
Additionally, The company will host a conference call with investors and analysts on 22nd October 2024 at 10:00 AM eastern time to review the Q3 2024 financial results.
SmartFinancial (SMBK) experienced a trading range of $30.62 to $31.50, along with a total volume of 77.00 thousand shares during the day. The stock concluded Thursday's regular trading session at $31.50, showing a gain of 1.68 percent.
