Capstar Financial (CSTR) Q3 Earnings: How Key Metrics Compare to Wall Street Estimates
Capstar Financial (CSTR) reported $26.65 million in revenue for the quarter ended September 2023, representing a year-over-year decline of 7.6%. EPS of $0.43 for the same period compares to $0.37 a year ago.
The reported revenue compares to the Zacks Consensus Estimate of $29.07 million, representing a surprise of -8.34%. The company delivered an EPS surprise of +19.44%, with the consensus EPS estimate being $0.36.
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 Capstar Financial performed in the just reported quarter in terms of the metrics most widely monitored and projected by Wall Street analysts:
Efficiency Ratio: 64.1% compared to the 62.7% average estimate based on two analysts.
Net Interest Margin: 2.7% versus the two-analyst average estimate of 3%.
Total noninterest Income: $6.28 million versus the two-analyst average estimate of $7.04 million.
Net Interest Income: $20.37 million compared to the $22 million average estimate based on two analysts.
View all Key Company Metrics for Capstar Financial here>>>
Shares of Capstar Financial have returned +5.6% over the past month versus the Zacks S&P 500 composite's -3.4% change. The stock currently has a Zacks Rank #4 (Sell), indicating that it could underperform the broader market in the near term.
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Capstar Financial (CSTR) : Free Stock Analysis Report
