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What's Next: Stellar Bancorp's Earnings Preview

Benzinga ·  Oct 25 02:00

Stellar Bancorp (NYSE: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:

QuarterQ2 2024Q1 2024Q4 2023Q3 2023
EPS Estimate0.480.480.550.57
EPS Actual0.560.490.550.58
Price Change %1.0%-6.0%0.0%-3.0%
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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.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
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