A Preview Of Evans Bancorp's Earnings
Portfolio Pulse from Benzinga Insights
Evans Bancorp (AMEX:EVBN) is scheduled to release its quarterly earnings report on February 1, 2024. Analysts predict an EPS of $0.45. Investors are looking for an earnings beat and positive guidance for the next quarter. Previously, a miss in EPS resulted in a 3.02% share price drop. Over the last year, EVBN shares have declined by 25.26%, with the stock currently trading at $30.65.
January 31, 2024 | 9:01 pm
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NEUTRAL IMPACT
Evans Bancorp is anticipated to report an EPS of $0.45 in its upcoming earnings. Historical data shows that earnings misses can negatively impact the stock price, as seen last quarter with a 3.02% drop. The stock has been down 25.26% over the past year, indicating potential volatility around the earnings release.
The impact score is neutral (0) because while the earnings report is a significant event, the actual movement will depend on whether EVBN meets, exceeds, or falls short of the EPS estimate and the guidance provided. The relevance is 100 as the news is directly about EVBN's earnings. The importance is high (90) because earnings reports are critical for investors, but not at the maximum because the stock has already been declining, indicating that some negative sentiment may be priced in. The confidence level is 80, acknowledging the inherent uncertainty in predicting market reactions to earnings reports.
CONFIDENCE 80
IMPORTANCE 90
RELEVANCE 100