S&T Bancorp's Earnings Outlook
Portfolio Pulse from Benzinga Insights
S&T Bancorp (NASDAQ:STBA) is set to release its quarterly earnings report on October 17, 2024. Analysts expect an EPS of $0.81. The market is optimistic about the company surpassing estimates and providing positive guidance, which could drive stock prices. In the last quarter, S&T Bancorp beat EPS estimates by $0.15, resulting in a 4.22% increase in share price. The stock has risen 62.33% over the past year, indicating bullish sentiment among long-term shareholders.
October 16, 2024 | 3:03 pm
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S&T Bancorp is expected to release its earnings report with an anticipated EPS of $0.81. The market is optimistic about the company surpassing estimates and providing positive guidance, which could drive stock prices.
The anticipation of S&T Bancorp's earnings report and the potential for surpassing EPS estimates and providing positive guidance are likely to positively impact the stock price. Historical performance shows a positive price reaction to earnings beats.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100