SmarFinancial (SMBK) got here out with quarterly earnings of $0.43 per share, beating the Zacks Con
SmarFinancial (SMBK) got here out with quarterly earnings of $0.43 per share, beating the Zacks Consensus Estimate of $0.41 per share. This compares to earnings of $0.34 per share a 12 months in the past. These figures are adjusted for non-recurring objects.
This quarterly report represents an earnings shock of 4.88%. 1 / 4 in the past, it was anticipated that this financial institution holding firm would submit earnings of $0.41 per share when it truly produced earnings of $0.40, delivering a shock of -2.44%.
Over the past 4 quarters, the corporate has surpassed consensus EPS estimates two occasions.
SmarFinancial, which belongs to the Zacks Banks – Northeast trade, posted revenues of $23.34 million for the quarter ended September 2019, lacking the Zacks Consensus Estimate by 1.14%. This compares to year-ago revenues of $20.72 million. The corporate has topped consensus income estimates two occasions during the last 4 quarters.
The sustainability of the inventory’s speedy worth motion primarily based on the…