Current-Quarter Estimate Revisions In terms of estimate revisions, the trend for the current year also appears quite encouraging for Sierra Bancorp. Over the past month, two estimates have moved higher compared to no negative revisions, helping the consensus estimate increase 5.41%. Sierra Bancorp shares have added 43.5% over the past four weeks, suggesting that investors are betting on its impressive estimate revisions. So, you may consider adding it to your portfolio right away to benefit from its earning ...

For the quarter ended June 2024, Sierra Bancorp (BSRR) reported revenue of $37.8 million, up 4.1% over the same period last year. EPS came in at $0.71, compared to $0.67 in the year-ago quarter. The reported revenue represents a surprise of +4.13% over the Zacks Consensus Estimate of $36.3 million. With the consensus EPS estimate being $0.61, the EPS surprise was +16.39%. While investors closely watch year-over-year changes in headline numbers -- revenue and earnings -- and how they compare to Wall Street e ...

This quarterly report represents an earnings surprise of 16.39%. A quarter ago, it was expected that this parent company of Bank of the Sierra would post earnings of $0.56 per share when it actually produced earnings of $0.64, delivering a surprise of 14.29%. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Sierra Bancorp shares have added about 17.3% since th ...

Exhibit 99.1 FOR IMMEDIATE RELEASE Highlights for the second quarter of 2024: ● Improved Earnings o Diluted Earnings per Share increased 11%, or $0.07, from the prior linked quarter. o Increased Return on Average Assets to 1.14%, from 1.06%, in the prior linked quarter. o Higher Return on Average Equity of 11.95%, compared to 11.09%, in the prior linked quarter. o Improved net interest income by $1.5 million, or 5%, as compared to the prior linked quarter. o Net interest margin grew by 7 basis points from t ...

Analysts often consider to what extent a company has been able to match consensus estimates in the past while calculating their estimates for its future earnings. So, it's worth taking a look at the surprise history for gauging its influence on the upcoming number. Bottom Line Sierra Bancorp appears a compelling earnings-beat candidate. However, investors should pay attention to other factors too for betting on this stock or staying away from it ahead of its earnings release. The market expects Sierra Banco ...

Sierra Bancorp (BSRR) could be a solid choice for investors given its recent upgrade to a Zacks Rank #1 (Strong Buy). This upgrade primarily reflects an upward trend in earnings estimates, which is one of the most powerful forces impacting stock prices. A company's changing earnings picture is at the core of the Zacks rating. The system tracks the Zacks Consensus Estimate -- the consensus measure of EPS estimates from the sell-side analysts covering the stock -- for the current and following years. Individu ...

In addition to the Zacks Rank, investors looking for stocks with specific traits can utilize our Style Scores system. Of course, value investors will be most interested in the system's "Value" category. Stocks with "A" grades for Value and high Zacks Ranks are among the best value stocks available at any given moment. Finally, investors will want to recognize that BSRR has a P/CF ratio of 7.52. This metric takes into account a company's operating cash flow and can be used to find stocks that are undervalued ...

From a technical perspective, Sierra Bancorp (BSRR) is looking like an interesting pick, as it just reached a key level of support. BSRR's 50-day simple moving average crossed above its 200-day simple moving average, which is known as a "golden cross" in the trading world. There's a reason traders love a golden cross -- it's a technical chart pattern that can indicate a bullish breakout is on the horizon. This kind of crossover is formed when a stock's short-term moving average breaks above a longer-term mo ...

Table of Contents For financial asset categories that were carried on our balance sheet at fair value as of March 31, 2024, and December 31, 2023, the Company used the following methods and significant assumptions: 12 Table of Contents | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | --- | |-----------------------------------------------------------------|-------|------------------------|---------|---------------|-------|------------------------|---------|---------|-------|--------------------- ...

SIERRA BANCORP REPORTS FIRST QUARTER 2024 RESULTS Porterville, Calif. – April 22, 2024 – Sierra Bancorp (Nasdaq: BSRR), parent of Bank of the Sierra, today announced its unaudited financial results for the quarter ended March 31, 2024. Sierra Bancorp reported consolidated net income of $9.3 million, or $0.64 per diluted share, for the first quarter of 2024 compared to $8.8 million, or $0.58 per diluted share, in the first quarter of 2023. The favorable variance in net income came largely from a $0.6 million ...