|Bid||26.22 x 1300|
|Ask||26.30 x 900|
|Day's Range||24.46 - 26.34|
|52 Week Range||20.88 - 38.95|
|Beta (5Y Monthly)||1.29|
|PE Ratio (TTM)||13.95|
|Forward Dividend & Yield||0.40 (1.61%)|
|Ex-Dividend Date||May 28, 2020|
|1y Target Est||N/A|
Allegiance Bancshares (ABTX) delivered earnings and revenue surprises of 92.00% and 4.26%, respectively, for the quarter ended June 2020. Do the numbers hold clues to what lies ahead for the stock?
Shares of Allegiance Bancshares (NASDAQ:ABTX) were flat in pre-market trading after the company reported Q2 results.Quarterly Results Earnings per share were down 27.27% year over year to $0.48, which beat the estimate of $0.24.Revenue of $52,409,000 rose by 6.06% year over year.Looking Ahead Allegiance Bancshares hasn't issued any earnings guidance for the time being.Allegiance Bancshares hasn't issued any revenue guidance for the time being.How To Listen To The Conference Call Date: Jul 30, 2020View more earnings on ABTXTime: 10:00 AMET Webcast URL: https://78449.choruscall.com/dataconf/productusers/abtx/mediaframe/39322/indexr.htmlRecent Stock Performance Company's 52-week high was at $38.95Company's 52-week low was at $20.88Price action over last quarter: down 3.96%Company Description Allegiance Bancshares Inc is a Texas-based holding company. The company through its subsidiary provides diversified commercial banking services to Houston metropolitan area-based small to medium-sized businesses and individual customers. Its objective is to grow and strengthen its community banking franchise by deploying its super-community banking strategy and by pursuing select strategic acquisitions in the Houston metropolitan area. The company offers business checking and loans, money market accounts, treasury management, certificates of deposit, and ebanking.See more from Benzinga * Recap: Tradeweb Markets Q2 Earnings * Dunkin Brands Group: Q2 Earnings Insights * Recap: Pitney Bowes Q2 Earnings(C) 2020 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
Allegiance Bancshares (ABTX) doesn't possess the right combination of the two key ingredients for a likely earnings beat in its upcoming report. Get prepared with the key expectations.