Bank OZK (OZK) Earnings Expected to Grow: Should You Buy?

Company Overview - Bank OZK (OZK) is expected to report a year-over-year increase in earnings, with a consensus estimate of $1.51 per share, reflecting a +2.7% change [3]. - Revenues are anticipated to reach $409.6 million, representing a 5.4% increase from the previous year [4]. Earnings Expectations - The stock price may rise if the actual earnings exceed expectations in the upcoming report, scheduled for July 17 [2]. - Conversely, if the earnings fall short, the stock may decline [2]. Estimate Revisions - The consensus EPS estimate has been revised down by 1.52% over the last 30 days, indicating a reassessment by analysts [5]. - Despite this, the Most Accurate Estimate for Bank OZK is higher than the Zacks Consensus Estimate, resulting in a positive Earnings ESP of +0.22% [11]. Historical Performance - In the last reported quarter, Bank OZK exceeded the expected earnings of $1.44 per share, achieving $1.51, which was a surprise of +4.86% [14]. - Over the past four quarters, the company has beaten consensus EPS estimates three times [15]. Industry Context - In the Zacks Banks - Northeast industry, Equity Bancshares (EQBK) is expected to post earnings of $0.92 per share, indicating a +15% year-over-year change [19]. - Equity Bancshares has an Earnings ESP of 2.17% but carries a Zacks Rank of 4 (Sell), complicating predictions for beating the consensus EPS estimate [20].