Earnings Preview: Amerant Bancorp
Portfolio Pulse from Benzinga Insights
Amerant Bancorp (NASDAQ:AMTB) is set to release its quarterly earnings report on July 20, 2023. Analysts estimate an EPS of $0.20. The company's past performance shows a pattern of share price changes following earnings announcements. Last quarter, the company missed EPS by $0.10, resulting in a 4.39% drop in share price. The company's shares are currently trading at $19.19, down 26.35% over the last 52-week period.
July 19, 2023 | 7:02 pm
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Amerant Bancorp is expected to announce its Q2 earnings on July 20, 2023. The company's share price has historically been affected by its earnings announcements. The current share price is $19.19, down 26.35% over the last 52 weeks.
Amerant Bancorp's share price has historically been affected by its earnings announcements. Last quarter, the company missed its EPS estimate, which resulted in a 4.39% drop in share price. Given this pattern and the fact that the company's shares are down 26.35% over the last 52 weeks, it is likely that the upcoming earnings announcement could have a negative impact on the company's share price in the short term.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100