Preview: Sterling Bancorp's Earnings
Portfolio Pulse from Benzinga Insights
Sterling Bancorp (NASDAQ:SBT) is scheduled to release its quarterly earnings report on January 24, 2024. Analysts predict an EPS of $0.03. Investors are looking for an earnings beat and positive guidance for future growth. Historically, Sterling Bancorp's stock price has shown varied reactions to earnings performance. The stock is currently trading at $5.45, with a 14.7% decline over the past 52 weeks. Investors are likely bearish as they await the earnings report.

January 23, 2024 | 6:02 pm
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Sterling Bancorp is expected to report an EPS of $0.03 in its upcoming earnings. Historical data shows mixed stock reactions to earnings results. Currently trading at $5.45, the stock has seen a 14.7% decline over the last year.
Sterling Bancorp's stock price has historically had mixed reactions to earnings reports, making it difficult to predict short-term impact. The stock is down significantly over the past year, indicating a bearish sentiment. However, if the company beats estimates and provides positive guidance, it could lead to a short-term positive impact. Conversely, failure to meet expectations or negative guidance could exacerbate the bearish trend.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100