Earnings Outlook For Business First Bancshares
Portfolio Pulse from Benzinga Insights
Business First Bancshares (NASDAQ:BFST) is scheduled to release its quarterly earnings report on Tuesday, 2024-01-23. Analysts predict an EPS of $0.60. Investors are looking for an earnings beat and positive guidance for future growth. Historically, BFST's stock price has reacted to past earnings performances and guidance. Last quarter, BFST beat the EPS estimate by $0.10, leading to a 2.91% stock price increase the following day. Over the last year, BFST shares have risen by 10.73%, trading at $22.89 as of January 19.
January 22, 2024 | 3:00 pm
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Business First Bancshares is expected to report an EPS of $0.60 for the upcoming quarter. Positive past earnings performance and stock price reaction suggest potential for a positive short-term impact if the company beats estimates and provides favorable guidance.
Given BFST's history of beating EPS estimates and the subsequent positive stock price reactions, there is a likelihood of a short-term positive impact on the stock price if the company reports a beat and strong guidance. However, market conditions and other unforeseen factors could also influence the stock's performance.
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IMPORTANCE 80
RELEVANCE 100