Bank OZK (OZK) got here out with quarterly earnings of $0.81 per share, lacking the Zacks Consensus Estimate of $0.83 per share. This compares to earnings of $0.58 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of -2.41%. 1 / 4 in the past, it was anticipated that this financial institution would submit earnings of $0.87 per share when it really produced earnings of $0.86, delivering a shock of -1.15%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two instances.
Financial institution OZK, which belongs to the Zacks Banks – Northeast trade, posted revenues of $245.23 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 1.95%. This compares to year-ago revenues of $244.74 million. The corporate has topped consensus income estimates simply as soon as over the past 4 quarters.
The sustainability of the inventory’s speedy value motion based mostly on the recently-released numbers and future…