We use cookies to understand how you use our site and to improve your experience.
This includes personalizing content and advertising.
By pressing "Accept All" or closing out of this banner, you consent to the use of all cookies and similar technologies and the sharing of information they collect with third parties.
You can reject marketing cookies by pressing "Deny Optional," but we still use essential, performance, and functional cookies.
In addition, whether you "Accept All," Deny Optional," click the X or otherwise continue to use the site, you accept our Privacy Policy and Terms of Service, revised from time to time.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Wall Street's Insights Into Key Metrics Ahead of Eagle Bancorp (EGBN) Q4 Earnings
Read MoreHide Full Article
The upcoming report from Eagle Bancorp (EGBN - Free Report) is expected to reveal quarterly loss of -$0.12 per share, indicating a decline of 124% compared to the year-ago period. Analysts forecast revenues of $73.38 million, representing a decline of 2% year over year.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Eagle Bancorp metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus among analysts is that 'Efficiency Ratio' will reach 58.1%. Compared to the current estimate, the company reported 59.5% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total noninterest income' of $7.11 million. The estimate compares to the year-ago value of $4.07 million.
Analysts' assessment points toward 'Net Interest Income' reaching $66.28 million. The estimate is in contrast to the year-ago figure of $70.79 million.
Shares of Eagle Bancorp have experienced a change of -0.1% in the past month compared to the +1.6% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), EGBN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Wall Street's Insights Into Key Metrics Ahead of Eagle Bancorp (EGBN) Q4 Earnings
The upcoming report from Eagle Bancorp (EGBN - Free Report) is expected to reveal quarterly loss of -$0.12 per share, indicating a decline of 124% compared to the year-ago period. Analysts forecast revenues of $73.38 million, representing a decline of 2% year over year.
The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period.
Prior to a company's earnings announcement, it is crucial to consider revisions to earnings estimates. This serves as a significant indicator for predicting potential investor actions regarding the stock. Empirical research has consistently demonstrated a robust correlation between trends in earnings estimate revision and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
In light of this perspective, let's dive into the average estimates of certain Eagle Bancorp metrics that are commonly tracked and forecasted by Wall Street analysts.
The consensus among analysts is that 'Efficiency Ratio' will reach 58.1%. Compared to the current estimate, the company reported 59.5% in the same quarter of the previous year.
The collective assessment of analysts points to an estimated 'Total noninterest income' of $7.11 million. The estimate compares to the year-ago value of $4.07 million.
Analysts' assessment points toward 'Net Interest Income' reaching $66.28 million. The estimate is in contrast to the year-ago figure of $70.79 million.
View all Key Company Metrics for Eagle Bancorp here>>>Shares of Eagle Bancorp have experienced a change of -0.1% in the past month compared to the +1.6% move of the Zacks S&P 500 composite. With a Zacks Rank #3 (Hold), EGBN is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>> .