What's Next: Stellar Bancorp's Earnings Preview
Stellar Bancorp STEL is set to give its latest quarterly earnings report on Friday, 2024-10-25. Here’s what investors need to know before the announcement.
Analysts estimate that Stellar Bancorp will report an earnings per share (EPS) of $0.48.
The announcement from Stellar Bancorp is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.
It’s worth noting for new investors that guidance can be a key determinant of stock price movements.
Historical Earnings Performance
The company’s EPS beat by $0.08 in the last quarter, leading to a 0.0% drop in the share price on the following day.
Here’s a look at Stellar Bancorp’s past performance and the resulting price change:
Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
---|---|---|---|---|
EPS Estimate | 0.48 | 0.48 | 0.55 | 0.57 |
EPS Actual | 0.56 | 0.49 | 0.55 | 0.58 |
Price Change % | 1.0% | -6.0% | 0.0% | -3.0% |
Tracking Stellar Bancorp’s Stock Performance
Shares of Stellar Bancorp were trading at $26.19 as of October 23. Over the last 52-week period, shares are up 20.93%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Stellar Bancorp visit their earnings calendar on our site.
This article was generated by Benzinga’s automated content engine and reviewed by an editor.
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