S&T Bancorp's Earnings Outlook

Benzinga · 10/16 15:03

S&T Bancorp (NASDAQ:STBA) will release its quarterly earnings report on Thursday, 2024-10-17. Here's a brief overview for investors ahead of the announcement.

Analysts anticipate S&T Bancorp to report an earnings per share (EPS) of $0.81.

The market awaits S&T Bancorp's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.

It's important for new investors to understand that guidance can be a significant driver of stock prices.

Earnings Track Record

During the last quarter, the company reported an EPS beat by $0.15, leading to a 4.22% increase in the share price on the subsequent day.

Here's a look at S&T Bancorp's past performance and the resulting price change:

Quarter Q2 2024 Q1 2024 Q4 2023 Q3 2023
EPS Estimate 0.74 0.78 0.86 0.90
EPS Actual 0.89 0.81 0.96 0.87
Price Change % 4.0% 4.0% 3.0% -1.0%

eps graph

Tracking S&T Bancorp's Stock Performance

Shares of S&T Bancorp were trading at $41.87 as of October 15. Over the last 52-week period, shares are up 62.33%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for S&T Bancorp visit their earnings calendar on our site.

This article was generated by Benzinga's automated content engine and reviewed by an editor.