We use cookies to understand how you use our site and to improve your experience. This includes personalizing content and advertising. To learn more, click here. By continuing to use our site, you accept our use of cookies, revised Privacy Policy and Terms of Service.
You are being directed to ZacksTrade, a division of LBMZ Securities and licensed broker-dealer. ZacksTrade and Zacks.com are separate companies. The web link between the two companies is not a solicitation or offer to invest in a particular security or type of security. ZacksTrade does not endorse or adopt any particular investment strategy, any analyst opinion/rating/report or any approach to evaluating individual securities.
If you wish to go to ZacksTrade, click OK. If you do not, click Cancel.
Unlocking Q4 Potential of RBB (RBB): Exploring Wall Street Estimates for Key Metrics
Read MoreHide Full Article
Wall Street analysts forecast that RBB (RBB - Free Report) will report quarterly earnings of $0.35 per share in its upcoming release, pointing to a year-over-year decline of 62%. It is anticipated that revenues will amount to $27.6 million, exhibiting a decline of 33.3% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific RBB metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts forecast 'Net Interest Margin' to reach 2.7%. The estimate compares to the year-ago value of 4.3%.
Based on the collective assessment of analysts, 'Efficiency Ratio' should arrive at 61.0%. Compared to the present estimate, the company reported 31.7% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Net Interest Income' of $25.11 million. The estimate compares to the year-ago value of $38.99 million.
Shares of RBB have demonstrated returns of -9.5% over the past month compared to the Zacks S&P 500 composite's +1.2% change. With a Zacks Rank #3 (Hold), RBB is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>
See More Zacks Research for These Tickers
Normally $25 each - click below to receive one report FREE:
Image: Bigstock
Unlocking Q4 Potential of RBB (RBB): Exploring Wall Street Estimates for Key Metrics
Wall Street analysts forecast that RBB (RBB - Free Report) will report quarterly earnings of $0.35 per share in its upcoming release, pointing to a year-over-year decline of 62%. It is anticipated that revenues will amount to $27.6 million, exhibiting a decline of 33.3% compared to the year-ago quarter.
Over the last 30 days, there has been no revision in the consensus EPS estimate for the quarter. This signifies the covering analysts' collective reconsideration of their initial forecasts over the course of this timeframe.
Before a company announces its earnings, it is essential to take into account any changes made to earnings estimates. This is a valuable factor in predicting the potential reactions of investors toward the stock. Empirical research has consistently shown a strong correlation between trends in earnings estimate revisions and the short-term price performance of a stock.
While investors typically use consensus earnings and revenue estimates as indicators of quarterly business performance, exploring analysts' projections for specific key metrics can offer valuable insights.
Given this perspective, it's time to examine the average forecasts of specific RBB metrics that are routinely monitored and predicted by Wall Street analysts.
Analysts forecast 'Net Interest Margin' to reach 2.7%. The estimate compares to the year-ago value of 4.3%.
Based on the collective assessment of analysts, 'Efficiency Ratio' should arrive at 61.0%. Compared to the present estimate, the company reported 31.7% in the same quarter last year.
The collective assessment of analysts points to an estimated 'Net Interest Income' of $25.11 million. The estimate compares to the year-ago value of $38.99 million.
View all Key Company Metrics for RBB here>>>
Shares of RBB have demonstrated returns of -9.5% over the past month compared to the Zacks S&P 500 composite's +1.2% change. With a Zacks Rank #3 (Hold), RBB is expected to mirror the overall market performance in the near future. You can see the complete list of today's Zacks Rank #1 (Strong Buy) stocks here >>>>