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Stay Ahead of the Game With Enterprise Financial Services (EFSC) Q4 Earnings: Wall Street's Insights on Key Metrics
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The upcoming report from Enterprise Financial Services (EFSC - Free Report) is expected to reveal quarterly earnings of $1.19 per share, indicating a decline of 24.7% compared to the year-ago period. Analysts forecast revenues of $157.53 million, representing an increase of 1.2% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Enterprise Financial Services metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Efficiency Ratio' will reach 57.5%. Compared to the current estimate, the company reported 49.6% in the same quarter of the previous year.
Analysts forecast 'Net Interest Margin' to reach 4.3%. Compared to the current estimate, the company reported 4.7% in the same quarter of the previous year.
The consensus among analysts is that 'Total nonperforming loans' will reach $42.41 million. The estimate compares to the year-ago value of $9.98 million.
The consensus estimate for 'Average Balance - Total interest earning assets' stands at $13.18 billion. The estimate is in contrast to the year-ago figure of $12 billion.
Analysts' assessment points toward 'Total Noninterest Income' reaching $16.55 million. Compared to the present estimate, the company reported $16.87 million in the same quarter last year.
The average prediction of analysts places 'Net Interest Income' at $140.70 million. The estimate is in contrast to the year-ago figure of $138.84 million.
Analysts expect 'Deposit service charges' to come in at $4.15 million. Compared to the present estimate, the company reported $4.46 million in the same quarter last year.
Based on the collective assessment of analysts, 'Net interest income (FTE)' should arrive at $141.53 million. Compared to the current estimate, the company reported $140.82 million in the same quarter of the previous year.
Shares of Enterprise Financial Services have demonstrated returns of -6.7% over the past month compared to the Zacks S&P 500 composite's +1.2% change. With a Zacks Rank #4 (Sell), EFSC is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
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Stay Ahead of the Game With Enterprise Financial Services (EFSC) Q4 Earnings: Wall Street's Insights on Key Metrics
The upcoming report from Enterprise Financial Services (EFSC - Free Report) is expected to reveal quarterly earnings of $1.19 per share, indicating a decline of 24.7% compared to the year-ago period. Analysts forecast revenues of $157.53 million, representing an increase of 1.2% year over year.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock.
While investors usually depend on consensus earnings and revenue estimates to assess the business performance for the quarter, delving into analysts' forecasts for certain key metrics often provides a more comprehensive understanding.
In light of this perspective, let's dive into the average estimates of certain Enterprise Financial Services metrics that are commonly tracked and forecasted by Wall Street analysts.
It is projected by analysts that the 'Efficiency Ratio' will reach 57.5%. Compared to the current estimate, the company reported 49.6% in the same quarter of the previous year.
Analysts forecast 'Net Interest Margin' to reach 4.3%. Compared to the current estimate, the company reported 4.7% in the same quarter of the previous year.
The consensus among analysts is that 'Total nonperforming loans' will reach $42.41 million. The estimate compares to the year-ago value of $9.98 million.
The consensus estimate for 'Average Balance - Total interest earning assets' stands at $13.18 billion. The estimate is in contrast to the year-ago figure of $12 billion.
Analysts' assessment points toward 'Total Noninterest Income' reaching $16.55 million. Compared to the present estimate, the company reported $16.87 million in the same quarter last year.
The average prediction of analysts places 'Net Interest Income' at $140.70 million. The estimate is in contrast to the year-ago figure of $138.84 million.
Analysts expect 'Deposit service charges' to come in at $4.15 million. Compared to the present estimate, the company reported $4.46 million in the same quarter last year.
Based on the collective assessment of analysts, 'Net interest income (FTE)' should arrive at $141.53 million. Compared to the current estimate, the company reported $140.82 million in the same quarter of the previous year.
View all Key Company Metrics for Enterprise Financial Services here>>>
Shares of Enterprise Financial Services have demonstrated returns of -6.7% over the past month compared to the Zacks S&P 500 composite's +1.2% change. With a Zacks Rank #4 (Sell), EFSC is expected to lag the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>