Alerus Financial: Q4 Earnings Insights

Alerus Financial (NASDAQ: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.

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.

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.