Guaranty Bancshares's Earnings Outlook

Guaranty Bancshares (NYSE:GNTY) is gearing up to announce its quarterly earnings on Monday, 2024-10-21. Here's a quick overview of what investors should know before the release.

Analysts are estimating that Guaranty Bancshares will report an earnings per share (EPS) of $0.60.

Anticipation surrounds Guaranty Bancshares's announcement, with investors hoping to hear about both surpassing estimates and receiving positive guidance for the next quarter.

New investors should understand that while earnings performance is important, market reactions are often driven by guidance.

Overview of Past Earnings

Last quarter the company beat EPS by $0.11, which was followed by a 4.17% increase in the share price the next 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 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.