Stellar Bancorp (STEL) has announced that it will be unveiling its third quarter financial results on Friday 25th October 2024. This eagerly anticipated announcement is scheduled to occur before market open, ensuring that investors and analysts have the opportunity to gain valuable insights into the company's performance during the quarter.
Financial analysts on Wall Street are predicting that the company is about to reveal an estimated $0.48 profit per share for the quarter. Additionally, the company is projected to announce a total revenue of $106.31 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 $428.74 million. At the same time, the earnings per share for the company are also anticipated to reach profit of $2.01 during the fiscal year.
In the same quarter of the previous year, the company's financial statement revealed a per-share income of $0.58. Additionally, the company's overall revenue for that particular period was an impressive $111.42 million.
| Period | EPS Actual |
EPS Growth* |
Revenue Actual |
Revenue Growth* |
|---|---|---|---|---|
| Historical Earnings Insight | ||||
| Q2 2024 | $0.56 | -15.2% | 106.83 M | -6.1% |
| Q1 2024 | $0.49 | -30.0% | 108.41 M | -12.1% |
| Q4 2023 | $0.55 | +1,275.0% | 112.82 M | -10.6% |
| Q3 2023 | $0.58 | +11.5% | 111.42 M | +139.8% |
| Q2 2023 | $0.66 | +37.5% | 113.76 M | +196.1% |
| *Growth on year-over-year basis | ||||
STEL 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 Stellar Bancorp (STEL) shares trading between $25.90 and $26.35, besides a volume of 85.50 thousand shares. The stock closed Wednesday's regular trading session at $26.19, reflecting 0.04 percent fall.
