Alerus Financial: Q4 Earnings Insights

Alerus Financial: Q4 Earnings Insights

 

Alerus Financial ALRS reported its Q4 earnings results on Wednesday, January 26, 2022 at 04:00 PM.

Here's what investors need to know about the announcement.

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Earnings

Alerus Financial beat estimated earnings by 35.85%, reporting an EPS of $0.72 versus an estimate of $0.53, which surprised analysts.

Revenue was up $5.34 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.24, which was followed by a 4.13% increase in the share price the next day.

Here's a look at Alerus Financial's past performance:

 

Quarter Q3 2021 Q2 2021 Q1 2021 Q4 2020
EPS Estimate 0.50 0.56 0.63 0.62
EPS Actual 0.74 0.66 0.86 0.57
Revenue Estimate 53.05M 55.40M 56.95M 57.54M
Revenue Actual 57.17M 57.89M 62.92M 61.85M

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This article was generated by Benzinga's automated content engine and reviewed by an editor.

Posted In: BZI-RecapsEarningsNews