Equity Bancshares (NYSE:EQBK) is gearing up to announce its quarterly earnings on Tuesday, 2024-10-15. Here's a quick overview of what investors should know before the release.
Analysts are estimating that Equity Bancshares will report an earnings per share (EPS) of $1.00.
Anticipation surrounds Equity Bancshares's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.
New investors should understand that while earnings performance is important, market reactions are often driven by guidance.
Historical Earnings Performance
During the last quarter, the company reported an EPS beat by $0.07, leading to a 0.64% increase in the share price on the subsequent day.
Here's a look at Equity Bancshares's past performance and the resulting price change:
| Quarter | Q2 2024 | Q1 2024 | Q4 2023 | Q3 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.92 | 0.85 | -1.88 | 0.73 |
| EPS Actual | 0.99 | 0.90 | -1.84 | 0.80 |
| Price Change % | 1.0% | -0.0% | -2.0% | -3.0% |
Equity Bancshares Share Price Analysis
Shares of Equity Bancshares were trading at $41.43 as of October 11. Over the last 52-week period, shares are up 69.67%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for Equity Bancshares visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
