Amerant Bancorp (US:AMTB) ZACKS·2024-10-16 15:05Core Viewpoint - Amerant Bancorp Inc. (AMTB) is expected to report a year-over-year decline in earnings and revenues for the quarter ended September 2024, with the consensus outlook indicating potential volatility in stock price based on actual results compared to estimates [1]. Earnings Expectations - The consensus estimate for Amerant Bancorp's quarterly earnings is $0.23 per share, reflecting a year-over-year decrease of 64.1% [2]. - Revenues are projected to be $99.39 million, which is a decline of 1.1% from the same quarter last year [2]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 26.36%, indicating a reassessment by analysts [3]. - The Most Accurate Estimate for Amerant Bancorp matches the Zacks Consensus Estimate, resulting in an Earnings ESP of 0% [6]. Earnings Surprise Prediction - The Zacks Earnings ESP model suggests that a positive or negative reading indicates the likely deviation of actual earnings from the consensus estimate, with a focus on the Most Accurate Estimate [4]. - A positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a favorable Zacks Rank [5]. Historical Performance - In the last reported quarter, Amerant Bancorp was expected to earn $0.35 per share but only achieved $0.28, resulting in a surprise of -20% [8]. - Over the past four quarters, the company has only beaten consensus EPS estimates once [8]. Overall Assessment - Amerant Bancorp does not appear to be a compelling candidate for an earnings beat based on current estimates and Zacks Rank [9]. - Investors are advised to consider other factors beyond earnings results when evaluating the stock ahead of its earnings release [9].