Investar (ISTR) Tops Q3 Earnings and Revenue Estimates

分组1 - Investar reported quarterly earnings of $0.45 per share, exceeding the Zacks Consensus Estimate of$0.35 per share, and up from $0.33 per share a year ago, representing an earnings surprise of 28.57$21.4 million for the quarter ended September 2024, surpassing the Zacks Consensus Estimate by 6.63%, compared to $19.11 million in the same quarter last year [1] - Over the last four quarters, Investar has consistently surpassed consensus EPS estimates four times and revenue estimates three times [1] 分组2 - Investar shares have increased approximately 37% since the beginning of the year, outperforming the S&P 500's gain of 23% [2] - The current consensus EPS estimate for the upcoming quarter is $0.39 on revenues of$20.52 million, and for the current fiscal year, it is $1.52 on revenues of$88.41 million [4] - The Zacks Industry Rank for Banks - Southeast is currently in the bottom 36% of over 250 Zacks industries, indicating potential challenges for stock performance [5]