VersaBank (NASDAQ:VBNK) will release its quarterly earnings report on Monday, 2024-12-09. Here's a brief overview for investors ahead of the announcement.
Analysts anticipate VersaBank to report an earnings per share (EPS) of $0.37.
The market awaits VersaBank's announcement, with hopes high for news of surpassing estimates and providing upbeat guidance for the next quarter.
It's important for new investors to understand that guidance can be a significant driver of stock prices.
Overview of Past Earnings
Last quarter the company missed EPS by $0.09, which was followed by a 1.72% drop in the share price the next day.
Here's a look at VersaBank's past performance and the resulting price change:
| Quarter | Q3 2024 | Q2 2024 | Q1 2024 | Q4 2023 |
|---|---|---|---|---|
| EPS Estimate | 0.35 | 0.33 | 0.35 | 0.28 |
| EPS Actual | 0.26 | 0.33 | 0.36 | 0.35 |
| Price Change % | -2.0% | -1.0% | -5.0% | 8.0% |
Performance of VersaBank Shares
Shares of VersaBank were trading at $18.03 as of December 05. Over the last 52-week period, shares are up 118.51%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.
To track all earnings releases for VersaBank visit their earnings calendar on our site.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
