Eagle Bancorp's Q2 Earnings Outlook

Eagle Bancorp EGBN unveils its next round of earnings Wednesday. Get prepared with Benzinga's ultimate preview for Eagle Bancorp's Q2 earnings.

Earnings and Revenue

Analysts covering Eagle Bancorp modeled for quarterly EPS of $1.08 on revenue of $77.96 million.

In the same quarter last year, Eagle Bancorp reported earnings per share of 81 cents on sales of $69.69 million. If the company were to match the consensus estimate when it reports Wednesday, earnings would be up 33.33 percent. Sales would be up 11.85 percent from the year-ago period. Eagle Bancorp's reported EPS has stacked up against analyst estimates in the past like this:

Stock Performance

Over the last 52-week period, shares are down 3.71 percent. Given that these returns are generally negative, long-term shareholders won't be happy going into this earnings release. Long-term shareholders are already enjoying 12-month gains prior to the announcement.

Analyst estimates have adjusted higher for EPS and revenues over the past 90 days. The average rating by analysts on Eagle Bancorp stock is a Neutral. The strength of this rating has maintained conviction over the past 90 days.