Alerus (ALRS) appears an attractive pick given a noticeable improvement in the company's earnings outlook. The stock has been a strong performer lately, and the momentum might continue with analysts still raising their earnings estimates for the company.Analysts' growing optimism on the earnings prospects of this company is driving estimates higher, which should get reflected in its stock price. After all, empirical research shows a strong correlation between trends in earnings estimate revisions and near-t ...

Alerus EARNINGS PRESENTATION Q4 2023 NASDAQ: ALRS DISCLAIMERS Forward-Looking Statements Thispresentation contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of Alerus Financial Corporation. These statements are often, but not a ...

Alerus Financial Corporation (NASDAQ:ALRS) Q4 2023 Earnings Conference Call January 25, 2024 12:00 PM ET Company Participants Katie Lorenson - President and CEO Al Villalon - Chief Financial Officer Karin Taylor - Chief Risk Management Officer Jim Collins - Chief Banking and Revenue Officer Conference Call Participants Jeff Rulis - D.A. Davidson & Co. Nathan Race - Piper Sandler Matthew Renck - KBW Operator Good morning, afternoon, evening. And welcome to the Alerus Financial Corporation Earnings Conference ...

Alerus (ALRS) reported $46.99 million in revenue for the quarter ended December 2023, representing a year-over-year decline of 10.5%. EPS of $0.24 for the same period compares to $0.53 a year ago.The reported revenue compares to the Zacks Consensus Estimate of $45 million, representing a surprise of +4.41%. The company delivered an EPS surprise of -17.24%, with the consensus EPS estimate being $0.29.While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how t ...

Alerus (ALRS) came out with quarterly earnings of $0.24 per share, missing the Zacks Consensus Estimate of $0.29 per share. This compares to earnings of $0.53 per share a year ago. These figures are adjusted for non-recurring items.This quarterly report represents an earnings surprise of -17.24%. A quarter ago, it was expected that this company would post earnings of $0.34 per share when it actually produced earnings of $0.45, delivering a surprise of 32.35%.Over the last four quarters, the company has surp ...

MINNEAPOLIS--(BUSINESS WIRE)--Alerus Financial Corporation (Nasdaq: ALRS), or the Company, reported net loss of $14.8 million for the fourth quarter of 2023, or ($0.73) per diluted common share, compared to net income of $9.2 million, or $0.45 per diluted common share, for the third quarter of 2023, and net income of $10.9 million, or $0.53 per diluted common share, for the fourth quarter of 2022. During the fourth quarter of 2023, the Company sold $172.3 million of available-for-sale (AFS) securities in ...

In its upcoming report, Alerus (ALRS) is predicted by Wall Street analysts to post quarterly earnings of $0.29 per share, reflecting a decline of 45.3% compared to the same period last year. Revenues are forecasted to be $45 million, representing a year-over-year decrease of 14.3%.The consensus EPS estimate for the quarter has remained unchanged over the last 30 days. This reflects how the analysts covering the stock have collectively reevaluated their initial estimates during this timeframe.Before a compan ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, DC 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 Commission File Number: 001-39036 ALERUS FINANCIAL CORPORATION (Exact name of registrant as specified in its charter) Delaware 45-0375407 (State or other jurisdiction of incorporation ...

Alerus Financial Corporation (NASDAQ:ALRS) Q3 2023 Earnings Conference Call October 26, 2023 12:00 PM ET Company Participants Katie Lorenson - President, Chief Executive Officer Alan Villalon - Chief Financial Officer Karin Taylor - Chief Risk & Operating Officer Jim Collins - Chief Baking and Revenue Officer Conference Call Participants Jeff Rulis - D.A. Davidson David Feaster - Raymond James Nathan Race - Piper Sandler Matt Renck - KBW Operator Hello everyone, and welcome to the Alerus Financial Corporati ...

Alerus EARNINGS PRESENTATION Q3 2023 NASDAQ: ALRS DISCLAIMERS Forward-Looking Statements Thispresentation contains “forward-looking statements” within the meaning of the safe harbor provisions of the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements include, without limitation, statements concerning plans, estimates, calculations, forecasts and projections with respect to the anticipated future performance of Alerus Financial Corporation. These statements are often, but not a ...