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S&T Bancorp (NASDAQ:STBA) will be releasing its next round of earnings this Thursday, January 28. For all of the relevant information, here is your guide for Thursday's Q4 earnings announcement.
What Are Earnings, Net Income, And Earnings Per Share?
Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.
Earnings And Revenue
Based on management's projections, S&T Bancorp analysts model for earnings of $0.51 per share on sales of $84.83 million. In the same quarter last year, S&T Bancorp reported EPS of $0.85 on revenue of $79.64 million.
Why Analyst Estimates And Earnings Surprises Are Important
Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.
If the company were to match the consensus estimate when it reports Thursday, EPS would have fallen 40.0%. Revenue would be up 6.51% from the same quarter last year. The company's reported EPS has stacked up against analyst estimates in the past like this:
Shares of S&T Bancorp were trading at $27.79 as of January 26. Over the last 52-week period, shares are down 28.81%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.
Do not be surprised to see the stock move on comments made during its conference call. S&T Bancorp is scheduled to hold the call at 13:00:00 ET and can be accessed here.
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