Earnings Outlook For Equity Bancshares - Equity Bancshares (NASDAQ:EQBK)
Equity Bancshares EQBK is set to give its latest quarterly earnings report on Tuesday, 2022-10-18. Here's what investors need to know before the announcement.
Analysts estimate that Equity Bancshares will report an earnings per share (EPS) of $0.80.
Equity Bancshares bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Past Earnings Performance
Last quarter the company beat EPS by $0.20, which was followed by a 2.03% increase in the share price the next day.
Here's a look at Equity Bancshares's past performance and the resulting price change:
Stock Performance
Shares of Equity Bancshares were trading at $32.57 as of October 14. Over the last 52-week period, shares are down 5.69%. Given that these returns are generally negative, long-term shareholders are likely bearish going into this earnings release.
Continue read on benzinga.com