Ahead of RBB (RBB) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics
RBBRBB(US:RBB) ZACKS·2024-10-16 14:21

Core Insights - RBB is expected to report quarterly earnings of $0.38 per share, a decline of 39.7% year-over-year, with revenues forecasted at $28.17 million, down 20.2% from the previous year [1] Earnings Estimates - The consensus EPS estimate has been revised downward by 2% in the last 30 days, indicating a reassessment by analysts [2] - Changes in earnings estimates are crucial for predicting investor reactions to the stock [3] Key Metrics Projections - Analysts project the 'Efficiency Ratio' to reach 59.9%, compared to 47.8% from the previous year [4] - The average prediction for 'Net Interest Income' is $25.03 million, down from $27.59 million year-over-year [5] - 'Total noninterest income' is expected to be $3.33 million, significantly lower than the year-ago figure of $7.73 million [5] Stock Performance - Over the past month, RBB shares have increased by 2.7%, while the Zacks S&P 500 composite has risen by 3.5% [5] - RBB holds a Zacks Rank of 3 (Hold), suggesting its performance will likely align with the overall market [5]

Ahead of RBB (RBB) Q3 Earnings: Get Ready With Wall Street Estimates for Key Metrics - Reportify