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SFNCBearishEarningsnews
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Simmons First National (SFNC) Meets Q1 Earnings Estimates

Apr 24, 2024, 10:23 AM EDT1 sourcesAI-analyzed

AI summary

What happened, with direct paths to the underlying reporting

- SFNC reported earnings of $0.32 per share, in line with estimates, but down from last year. - SFNC posted revenues of $195.09 million, missing estimates, and experiencing a decline from last year. - Estimates show a negative trend for SFNC stock, with a Zacks Rank #5 (Strong Sell). - Seacoast Banking (SBCF) is expected to report earnings growth of +126.7%. - Industry outlook for Banks - Southeast is currently in the bottom 42% of Zacks industries. Price Impact Rating: Bearish Impact Horizon Rating: Short-term Type: Earnings

  • SFNC reported earnings of $0.32 per share, in line with estimates, but down from last year.
  • SFNC posted revenues of $195.09 million, missing estimates, and experiencing a decline from last year.
  • Estimates show a negative trend for SFNC stock, with a Zacks Rank #5 (Strong Sell).
  • Seacoast Banking (SBCF) is expected to report earnings growth of +126.7%.
  • Industry outlook for Banks - Southeast is currently in the bottom 42% of Zacks industries.

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