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Market Overview

RBB Bancorp's Earnings Outlook

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RBB Bancorp (NASDAQ:RBB) announces its next round of earnings this Monday, January 25. Here is Benzinga's look at RBB Bancorp'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

RBB Bancorp EPS will likely be near $0.48 while revenue will be around $31.73 million, according to analysts. RBB Bancorp reported a profit of $0.52 per share when it published results during the same quarter last year. Sales in that period totaled $28.95 million.

Why Analyst Estimates And Earnings Surprises Are Important

Wall Street analysts who study this company will publish analyst estimates of revenue and EPS. The averages of all analyst EPS and revenue estimates are called the "consensus estimates"; these consensus estimates can have a significant effect on a company's performance during an earnings release. When a company posts earnings or revenue above or below a consensus estimate, it has posted an "earnings surprise", which can really move a stock depending on the difference between actual and estimated values.

The analyst consensus estimate would represent a 7.69% decrease in the company's earnings. Sales would be have grown 9.62% from the same quarter last year. Here is how the company's reported EPS has compared to analyst estimates in the past:

Quarter Q3 2020 Q2 2020 Q1 2020 Q4 2020
EPS Estimate 0.32 0.29 0.41 0.51
EPS Actual 0.43 0.34 0.33 0.52
Revenue Estimate 28.10 M 26.96 M 28.51 M 29.57 M
Revenue Actual 29.98 M 27.24 M 28.21 M 28.95 M

Stock Performance

Shares of RBB Bancorp were trading at $17.74 as of January 21. Over the last 52-week period, shares are down 10.61%. 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. RBB Bancorp is scheduled to hold the call at 11:00:00 ET and can be accessed here.

 

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Posted-In: BZI-EPEarnings