Simmons First National (SFNC) Q3 Earnings Beat Estimates

Group 1: Earnings Performance - Simmons First National reported quarterly earnings of $0.37 per share, exceeding the Zacks Consensus Estimate of $0.33 per share, but down from $0.39 per share a year ago, representing an earnings surprise of 12.12% [1] - The company posted revenues of $174.84 million for the quarter ended September 2024, missing the Zacks Consensus Estimate by 12.91%, and down from $196.21 million year-over-year [1] Group 2: Stock Performance and Outlook - Simmons First National shares have increased by approximately 17.4% since the beginning of the year, compared to the S&P 500's gain of 22.5% [2] - The current consensus EPS estimate for the upcoming quarter is $0.33 on revenues of $203.7 million, and for the current fiscal year, it is $1.32 on revenues of $796.85 million [4] Group 3: Industry Context - The Banks - Southeast industry, to which Simmons First National belongs, is currently ranked in the bottom 30% of over 250 Zacks industries, indicating potential challenges for stock performance [5] - Another company in the same industry, Dime Community, is expected to report quarterly earnings of $0.41 per share, reflecting a year-over-year decline of 26.8% [5]