Byline Bancorp Earnings Preview
Portfolio Pulse from Benzinga Insights
Byline Bancorp (NYSE:BY) is scheduled to release its quarterly earnings report on January 25, 2024. Analysts predict an EPS of $0.67. Investors are looking for an earnings beat and positive guidance for future growth. Historical data shows mixed stock price reactions to past earnings reports. Shares are currently trading at $22.97, with a 2.28% increase over the last 52 weeks.
January 24, 2024 | 7:01 pm
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NEUTRAL IMPACT
Byline Bancorp is expected to report an EPS of $0.67 for the latest quarter. Historical performance shows varied reactions to earnings reports, with the stock price sometimes dropping despite an earnings beat.
While Byline Bancorp is expected to report a solid EPS, past performance indicates that the stock price reaction to earnings reports can be unpredictable. A beat on expectations and positive guidance could lead to a short-term price increase, but the historical drop in price following an earnings beat suggests a cautious outlook. Therefore, the score is neutral, reflecting the uncertainty of the market's reaction.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100