Preview: Southside Bancshares's Earnings
Portfolio Pulse from Benzinga Insights
Southside Bancshares (NASDAQ:SBSI) is set to release its quarterly earnings report on Tuesday, 2023-07-25. Analysts estimate an earnings per share (EPS) of $0.69. The company's past performance shows a mixed impact on the share price post-earnings release. The stock is currently trading at $27.67, down 28.51% over the last 52-week period.
July 24, 2023 | 6:02 pm
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Southside Bancshares is expected to report an EPS of $0.69 in its upcoming earnings. The stock has seen a 28.51% decrease over the past year.
The upcoming earnings report is a significant event for Southside Bancshares. However, the company's past performance shows a mixed impact on the share price post-earnings release. Given the stock's negative returns over the past year, the earnings report could either provide a boost if the company beats estimates or lead to further decline if it misses estimates or provides negative guidance.
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