Business First Bancshares BFST is set to give its latest quarterly earnings report on Thursday, 2023-04-27. Here's what investors need to know before the announcement.
Analysts estimate that Business First Bancshares will report an earnings per share (EPS) of $0.52.
Business First Bancshares bulls will hope to hear the company announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.
New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).
Historical Earnings Performance
Last quarter the company beat EPS by $0.06, which was followed by a 0.43% drop in the share price the next day.
Here's a look at Business First Bancshares's past performance and the resulting price change:
|Quarter||Q4 2022||Q3 2022||Q2 2022||Q1 2022|
|Price Change %||-0.43%||1.12%||1.71%||-0.26%|
Shares of Business First Bancshares were trading at $15.36 as of April 25. Over the last 52-week period, shares are down 33.49%. Given that these returns are generally negative, long-term shareholders are likely unhappy going into this earnings release.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
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