A Look Ahead: Guaranty Bancshares's Earnings Forecast

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.

The announcement from Guaranty Bancshares is eagerly anticipated, with investors seeking news of surpassing estimates and favorable guidance for the next quarter.

It's worth noting for new investors that guidance can be a key determinant of stock price movements.

Performance in Previous Earnings

During the last quarter, the company reported an EPS beat by $0.11, leading to a 4.17% increase in the share price on the subsequent 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%

Guaranty Bancshares Share Price Analysis

Shares of Guaranty Bancshares were trading at $35.58 as of October 17. Over the last 52-week period, shares are up 29.53%. Given that these returns are generally positive, long-term shareholders should be satisfied 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.