Latest news with #FBFinancial
Yahoo
38 minutes ago
- Business
- Yahoo
Earnings To Watch: Simmons First National (SFNC) Reports Q2 Results Tomorrow
Regional banking company Simmons First National (NASDAQ:SFNC) will be reporting results this Thursday afternoon. Here's what you need to know. Simmons First National beat analysts' revenue expectations by 3% last quarter, reporting revenues of $216 million, up 7.2% year on year. It was a slower quarter for the company, with a significant miss of analysts' EPS estimates and a miss of analysts' tangible book value per share estimates. Is Simmons First National a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Simmons First National's revenue to grow 10.1% year on year to $217.1 million, a reversal from the 5.3% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.39 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Simmons First National has missed Wall Street's revenue estimates five times over the last two years. Looking at Simmons First National's peers in the banks segment, some have already reported their Q2 results, giving us a hint as to what we can expect. Fulton Financial's revenues decreased 3.2% year on year, beating analysts' expectations by 1.9%, and FB Financial reported a revenue decline of 40.1%, falling short of estimates by 43.5%. FB Financial traded down 4.4% following the results. Read our full analysis of Fulton Financial's results here and FB Financial's results here. There has been positive sentiment among investors in the banks segment, with share prices up 8.3% on average over the last month. Simmons First National is up 6.6% during the same time and is heading into earnings with an average analyst price target of $21.60 (compared to the current share price of $19.44). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
13 hours ago
- Business
- Yahoo
Home Bancshares (HOMB) Q2 Earnings: What To Expect
Regional banking company Home Bancshares (NYSE:HOMB) will be announcing earnings results this Wednesday after market close. Here's what you need to know. Home Bancshares beat analysts' revenue expectations by 2.7% last quarter, reporting revenues of $260.1 million, up 5.6% year on year. It was a satisfactory quarter for the company, with a narrow beat of analysts' net interest income estimates. Is Home Bancshares a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Home Bancshares's revenue to grow 2% year on year to $260.6 million, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.57 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Home Bancshares has only missed Wall Street's revenue estimates once over the last two years, exceeding top-line expectations by 1.9% on average. Looking at Home Bancshares's peers in the banks segment, only FB Financial has reported results so far. It missed analysts' revenue estimates by 43.5%, posting year-on-year sales declines of 40.1%. Read our full analysis of FB Financial's earnings results here. There has been positive sentiment among investors in the banks segment, with share prices up 11.6% on average over the last month. Home Bancshares is up 6.8% during the same time and is heading into earnings with an average analyst price target of $32.29 (compared to the current share price of $29.51). When a company has more cash than it knows what to do with, buying back its own shares can make a lot of sense–as long as the price is right. Luckily, we've found one, a low-priced stock that is gushing free cash flow AND buying back shares. Click here to claim your Special Free Report on a fallen angel growth story that is already recovering from a setback. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
Earnings To Watch: Bank of America (BAC) Reports Q2 Results Tomorrow
Financial services giant Bank of America (NYSE:BAC) will be announcing earnings results this Wednesday before market open. Here's what you need to know. Bank of America beat analysts' revenue expectations by 2.1% last quarter, reporting revenues of $27.37 billion, up 6% year on year. It was a satisfactory quarter for the company, with a decent beat of analysts' EPS estimates but a slight miss of analysts' net interest income estimates. Is Bank of America a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Bank of America's revenue to grow 4.5% year on year to $26.52 billion, improving from its flat revenue in the same quarter last year. Adjusted earnings are expected to come in at $0.86 per share. Heading into earnings, analysts covering the company have mixed opinions about the business, with revenue estimates seeing 6 upward and 5 downward revisions over the last 30 days. Bank of America has missed Wall Street's revenue estimates twice over the last two years. Looking at Bank of America's peers in the banks segment, only FB Financial has reported results so far. It missed analysts' revenue estimates by 43.5%, posting year-on-year sales declines of 40.1%. Read our full analysis of FB Financial's earnings results here. There has been positive sentiment among investors in the banks segment, with share prices up 11.6% on average over the last month. Bank of America is up 6.1% during the same time and is heading into earnings with an average analyst price target of $52.35 (compared to the current share price of $47.10). Today's young investors likely haven't read the timeless lessons in Gorilla Game: Picking Winners In High Technology because it was written more than 20 years ago when Microsoft and Apple were first establishing their supremacy. But if we apply the same principles, then enterprise software stocks leveraging their own generative AI capabilities may well be the Gorillas of the future. So, in that spirit, we are excited to present our Special Free Report on a profitable, fast-growing enterprise software stock that is already riding the automation wave and looking to catch the generative AI next. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
Yahoo
a day ago
- Business
- Yahoo
Synovus Financial (SNV) Reports Earnings Tomorrow: What To Expect
Regional banking company Synovus Financial (NYSE:SNV) will be reporting results this Wednesday after the bell. Here's what you need to know. Synovus Financial met analysts' revenue expectations last quarter, reporting revenues of $570.9 million, up 6.2% year on year. It was a very strong quarter for the company, with an impressive beat of analysts' EPS estimates and a solid beat of analysts' net interest income estimates. Is Synovus Financial a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Synovus Financial's revenue to grow 91.1% year on year to $585.1 million, a reversal from the 46.1% decrease it recorded in the same quarter last year. Adjusted earnings are expected to come in at $1.26 per share. Analysts covering the company have generally reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Synovus Financial has missed Wall Street's revenue estimates four times over the last two years. Looking at Synovus Financial's peers in the banks segment, only FB Financial has reported results so far. It missed analysts' revenue estimates by 43.5%, posting year-on-year sales declines of 40.1%. Read our full analysis of FB Financial's earnings results here. There has been positive sentiment among investors in the banks segment, with share prices up 11.6% on average over the last month. Synovus Financial is up 14.3% during the same time and is heading into earnings with an average analyst price target of $59.44 (compared to the current share price of $54.69). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
a day ago
- Business
- Yahoo
Triumph Financial (TFIN) Reports Earnings Tomorrow: What To Expect
Financial services company Triumph Financial (NASDAQ:TFIN) will be announcing earnings results this Wednesday afternoon. Here's what to look for. Triumph Financial missed analysts' revenue expectations by 3.8% last quarter, reporting revenues of $100.8 million, flat year on year. It was a disappointing quarter for the company, with a significant miss of analysts' tangible book value per share estimates and a significant miss of analysts' net interest income estimates. Is Triumph Financial a buy or sell going into earnings? Read our full analysis here, it's free. This quarter, analysts are expecting Triumph Financial's revenue to grow 1.2% year on year to $106.3 million, in line with the 2.1% increase it recorded in the same quarter last year. Adjusted earnings are expected to come in at $0.05 per share. The majority of analysts covering the company have reconfirmed their estimates over the last 30 days, suggesting they anticipate the business to stay the course heading into earnings. Looking at Triumph Financial's peers in the banks segment, only FB Financial has reported results so far. It missed analysts' revenue estimates by 43.5%, posting year-on-year sales declines of 40.1%. Read our full analysis of FB Financial's earnings results here. There has been positive sentiment among investors in the banks segment, with share prices up 11.6% on average over the last month. Triumph Financial is up 12.3% during the same time and is heading into earnings with an average analyst price target of $60.50 (compared to the current share price of $65.45). Unless you've been living under a rock, it should be obvious by now that generative AI is going to have a huge impact on how large corporations do business. While Nvidia and AMD are trading close to all-time highs, we prefer a lesser-known (but still profitable) semiconductor stock benefiting from the rise of AI. Click here to access our free report on our favorite semiconductor growth story. StockStory is growing and hiring equity analyst and marketing roles. Are you a 0 to 1 builder passionate about the markets and AI? See the open roles here. Sign in to access your portfolio
