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Sierra Bancorp (BSRR) Matches Q4 Earnings Estimates
BSRRSierra Bancorp(BSRR) ZACKS·2025-01-27 15:26

Group 1: Earnings Performance - Sierra Bancorp reported quarterly earnings of 0.72pershare,matchingtheZacksConsensusEstimate,andupfrom0.72 per share, matching the Zacks Consensus Estimate, and up from 0.43 per share a year ago [1] - The company had revenues of 37.87millionforthequarterendedDecember2024,missingtheZacksConsensusEstimateby2.2837.87 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 2.28%, but up from 35.92 million year-over-year [2] - Over the last four quarters, Sierra Bancorp has surpassed consensus EPS estimates three times [1][2] Group 2: Stock Performance and Outlook - Sierra Bancorp shares have increased by approximately 2.9% since the beginning of the year, compared to a 3.7% gain for the S&P 500 [3] - The current consensus EPS estimate for the upcoming quarter is 0.66onrevenuesof0.66 on revenues of 38.2 million, and for the current fiscal year, it is 2.81onrevenuesof2.81 on revenues of 156.3 million [7] - The estimate revisions trend for Sierra Bancorp is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, indicating expected underperformance in the near future [6] Group 3: Industry Context - The Banks - West industry, to which Sierra Bancorp belongs, is currently in the top 36% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]