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Guaranty Bancshares Inc. (GNTY) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
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Guaranty Bancshares Inc. (GNTY - Free Report) reported $28.61 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 14.6%. EPS of $0.51 for the same period compares to $1.05 a year ago.
The reported revenue represents a surprise of +3.47% over the Zacks Consensus Estimate of $27.65 million. With the consensus EPS estimate being $0.47, the EPS surprise was +8.51%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Guaranty Bancshares Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 74.8% versus the two-analyst average estimate of 75.1%.
Average interest-earning assets: $3.01 billion versus $3.01 billion estimated by two analysts on average.
Net charge-offs / average loans: 0% compared to the 0.1% average estimate based on two analysts.
Net Interest Margin: 3.1% versus 3% estimated by two analysts on average.
Net Interest Income: $23.81 million versus $22.45 million estimated by two analysts on average.
Net Interest Income (FTE): $23.81 million versus the two-analyst average estimate of $22.60 million.
Total Noninterest Income: $4.80 million compared to the $5 million average estimate based on two analysts.
Shares of Guaranty Bancshares Inc. have returned -1.9% over the past month versus the Zacks S&P 500 composite's +1.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.
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Guaranty Bancshares Inc. (GNTY) Q4 Earnings: Taking a Look at Key Metrics Versus Estimates
Guaranty Bancshares Inc. (GNTY - Free Report) reported $28.61 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 14.6%. EPS of $0.51 for the same period compares to $1.05 a year ago.
The reported revenue represents a surprise of +3.47% over the Zacks Consensus Estimate of $27.65 million. With the consensus EPS estimate being $0.47, the EPS surprise was +8.51%.
While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street expectations to determine their next course of action, some key metrics always provide a better insight into a company's underlying performance.
Since these metrics play a crucial role in driving the top- and bottom-line numbers, comparing them with the year-ago numbers and what analysts estimated about them helps investors better project a stock's price performance.
Here is how Guaranty Bancshares Inc. performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
- Efficiency Ratio: 74.8% versus the two-analyst average estimate of 75.1%.
- Average interest-earning assets: $3.01 billion versus $3.01 billion estimated by two analysts on average.
- Net charge-offs / average loans: 0% compared to the 0.1% average estimate based on two analysts.
- Net Interest Margin: 3.1% versus 3% estimated by two analysts on average.
- Net Interest Income: $23.81 million versus $22.45 million estimated by two analysts on average.
- Net Interest Income (FTE): $23.81 million versus the two-analyst average estimate of $22.60 million.
- Total Noninterest Income: $4.80 million compared to the $5 million average estimate based on two analysts.
View all Key Company Metrics for Guaranty Bancshares Inc. here>>>Shares of Guaranty Bancshares Inc. have returned -1.9% over the past month versus the Zacks S&P 500 composite's +1.6% change. The stock currently has a Zacks Rank #2 (Buy), indicating that it could outperform the broader market in the near term.