Earnings Outlook For Eagle Bancorp

On Wednesday, Eagle Bancorp EGBN will release its latest earnings report. Benzinga's report can help you figure out the ins and outs of the earnings release.

Earnings And Revenue

Wall Street analysts see Eagle Bancorp reporting earnings of 88 cents per share on revenue of $73.9 million.

In the same quarter last year, Eagle Bancorp announced EPS of 75 cents per share on revenue of $67 million. The Wall Street consensus estimate for earnings would represent a 17.33 percent increase for the company. Sales would be up 10.29 percent from the year-ago period.

The company's reported EPS has stacked up against analyst estimates in the past like this:

 

Quarter Q3 2017 Q2 2017 Q1 2017 Q4 2016
EPS Estimate 0.83 0.77 0.74 0.71
EPS Actual 0.87 0.81 0.78 0.75

 

Q4 EPS Estimate: 88 cents per share
Q4 Revenues Estimate: $73 million

Stock Performance

As of Jan. 17, Eagle Bancorp's share price was $61.45. Over the last 52-week period, shares are up 1.9 percent. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Over the past 90 days, analysts have generally adjusted their estimates higher for EPS and revenues. Analysts generally rate Eagle Bancorp stock as Neutral. The strength of this rating has maintained conviction over the past three months.

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