Guaranty Bancshares Inc. (GNTY) Q3 Earnings Beat Estimates

Company Performance - Guaranty Bancshares Inc. (GNTY) reported quarterly earnings of $0.65 per share, exceeding the Zacks Consensus Estimate of $0.62 per share and up from $0.54 per share a year ago, representing an earnings surprise of 4.84% [1] - The company posted revenues of $29.35 million for the quarter ended September 2024, slightly missing the Zacks Consensus Estimate by 0.19%, compared to $28.14 million in the same quarter last year [1] - Over the last four quarters, Guaranty Bancshares has surpassed consensus EPS estimates four times and topped consensus revenue estimates two times [1] Market Outlook - Guaranty Bancshares shares have increased approximately 3.3% since the beginning of the year, while the S&P 500 has gained 23% [2] - The current consensus EPS estimate for the upcoming quarter is $0.59 on revenues of $29.6 million, and for the current fiscal year, it is $2.41 on revenues of $116.4 million [4] Industry Context - The Zacks Industry Rank for Banks - Southwest, which includes Guaranty Bancshares, is currently in the top 31% of over 250 Zacks industries, indicating a favorable industry outlook [5] - Another company in the same industry, Cullen/Frost Bankers (CFR), is expected to report quarterly earnings of $2.15 per share, reflecting a year-over-year decline of 9.7%, with revenues projected at $524.09 million, up 2.1% from the previous year [5]