Red River Bancshares (RRBI) Beats Q2 Earnings and Revenue Estimates

This quarterly report represents an earnings surprise of 3.57%. A quarter ago, it was expected that this holding company for Red River Bank would post earnings of $1.05 per share when it actually produced earnings of $1.16, delivering a surprise of 10.48%. 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. While Red River Bancshares has underperformed the market ...