Equity Bancshares (EQBK) Beats Q4 Earnings and Revenue Estimates

Company Performance - Equity Bancshares (EQBK) reported quarterly earnings of $1.10 per share, exceeding the Zacks Consensus Estimate of $0.92 per share, and up from $0.77 per share a year ago, representing an earnings surprise of 19.57% [1] - The company posted revenues of $58.29 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 3.81%, compared to revenues of -$3.95 million a year ago [2] - Over the last four quarters, Equity Bancshares has surpassed consensus EPS estimates four times and topped consensus revenue estimates three times [2] Market Outlook - The stock has gained approximately 3.2% since the beginning of the year, outperforming the S&P 500's gain of 2.9% [3] - The current consensus EPS estimate for the upcoming quarter is $0.84 on revenues of $56.85 million, and for the current fiscal year, it is $3.77 on revenues of $235.74 million [7] - The Zacks Industry Rank for Banks - Northeast is in the top 24% of over 250 Zacks industries, indicating a favorable outlook for the industry [8] Earnings Estimate Revisions - The estimate revisions trend for Equity Bancshares is currently unfavorable, resulting in a Zacks Rank 4 (Sell) for the stock, suggesting it may underperform the market in the near future [6] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can be tracked by investors [5]