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Market Overview

Preview: Reliant Bancorp's Earnings


Reliant Bancorp (NASDAQ:RBNC) releases its next round of earnings this Thursday, January 21. Get the latest predictions in Benzinga's essential guide to the company's Q4 earnings report.

What Are Earnings, Net Income, And Earnings Per Share?

Earnings and EPS are useful metrics of profitability. Total earnings also known as net income is equal to total revenue minus total expenses. Dividing net income by the total number of shares outstanding yields EPS.

Earnings And Revenue

Wall Street analysts see Reliant Bancorp reporting earnings of $0.53 per share on revenue of $33.03 million. Reliant Bancorp EPS in the same period a year ago totaled $0.47. Revenue was $19.04 million.

Why Analyst Estimates And Earnings Surprises Are Important

Analysts who cover this company will publish forward-looking estimates of its revenue and EPS each quarter. Averaging together every EPS and revenue prediction that each analyst makes about a company in a quarter yields the "consensus estimates." A company posting earnings or revenue above or below the consensus estimate is known as an "earnings surprise" and may move the stock by a considerable margin.

If the company were to match the consensus estimate when it reports Thursday, EPS would be up 12.77%. Revenue would be have grown 73.52% from the same quarter last year. Here is how the company's reported EPS has stacked up against analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.46 0.28 0.30 0.39
EPS Actual 0.70 0.60 0.25 0.47
Revenue Estimate 31.23 M 28.56 M 19.76 M 17.09 M
Revenue Actual 36.54 M 34.38 M 20.40 M 19.04 M

Stock Performance

Shares of Reliant Bancorp were trading at $19.96 as of January 19. Over the last 52-week period, shares are down 9.73%. Given that these returns are generally negative, long-term shareholders are probably a little upset going into this earnings release.

Do not be surprised to see the stock move on comments made during its conference call. Reliant Bancorp is scheduled to hold the call at 10:00:00 ET and can be accessed here.


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Posted-In: BZI-EPEarnings