Earnings Preview: RBB (RBB) Q3 Earnings Expected to Decline

Core Viewpoint - Wall Street anticipates a year-over-year decline in RBB's earnings due to lower revenues, with a focus on how actual results compare to estimates impacting stock price [1][2]. Earnings Expectations - RBB is expected to report quarterly earnings of $0.38 per share, reflecting a year-over-year decrease of 39.7% [3]. - Revenues are projected to be $28.17 million, down 20.2% from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has been revised 2% lower in the last 30 days, indicating a reassessment by analysts [4]. - A negative Earnings ESP of -2.63% suggests analysts have become bearish on RBB's earnings prospects [10]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive or negative reading can predict deviations from consensus estimates, with positive readings being more reliable [5][7]. - RBB's current Zacks Rank is 3, which complicates predictions of an earnings beat [10]. Historical Performance - RBB has beaten consensus EPS estimates in the last four quarters, with a notable surprise of +14.71% in the last reported quarter [11][12]. Industry Comparison - Western Alliance (WAL), another player in the banking sector, is expected to report earnings of $1.90 per share, a year-over-year change of -3.6%, with revenues expected to rise 11.9% [16]. - WAL's consensus EPS estimate has been revised 1.9% higher, but a negative Earnings ESP of -0.57% complicates predictions of an earnings beat [17].