Earnings Preview For SmartFinancial
Portfolio Pulse from Benzinga Insights
SmartFinancial (NASDAQ:SMBK) is scheduled to release its quarterly earnings report on January 22, 2024. Analysts predict an EPS of $0.41. Investors are looking for an earnings beat and positive guidance for the next quarter. In the past, SmartFinancial's stock price has been sensitive to earnings performance and guidance. Last quarter, the company missed EPS estimates by $0.04, leading to a 1.01% drop in share price. Over the last year, shares have declined by 16.63%.
January 19, 2024 | 3:00 pm
News sentiment analysis
Sort by:
Descending
NEUTRAL IMPACT
SmartFinancial is expected to report an EPS of $0.41 for the latest quarter. Historical data shows that earnings misses have negatively impacted the stock price. With shares down 16.63% over the past year, investors are likely focused on this earnings release.
The short-term impact on SMBK's stock price will likely hinge on whether the company meets or exceeds the EPS estimate and provides positive future guidance. Given the stock's sensitivity to past earnings performances, a beat or miss could lead to significant price movements. However, the score is neutral (0) because the direction of the impact depends on the actual earnings results and guidance provided, which are currently unknown.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100