Exploring Guaranty Bancshares's Earnings Expectations

Guaranty Bancshares (NYSE:GNTY) is preparing to release its quarterly earnings on Monday, 2024-10-21. Here's a brief overview of what investors should keep in mind before the announcement.

Analysts expect Guaranty Bancshares to report an earnings per share (EPS) of $0.60.

Guaranty Bancshares bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Earnings History Snapshot

The company's EPS beat by $0.11 in the last quarter, leading to a 4.17% increase in the share price on the following day.

Here's a look at Guaranty Bancshares's past performance and the resulting price change:

Quarter	Q2 2024	Q1 2024	Q4 2023	Q3 2023
EPS Estimate	0.54	0.51	0.47	0.55
EPS Actual	0.65	0.58	0.51	0.54
Price Change %	4.0%	-4.0%	-0.0%	2.0%

Market Performance of Guaranty Bancshares's Stock

Shares of Guaranty Bancshares were trading at $35.58 as of October 17. Over the last 52-week period, shares are up 31.43%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all earnings releases for Guaranty Bancshares visit their earnings calendar on our site.

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