Earnings Performance - Business First reported quarterly earnings of $0.66 per share, exceeding the Zacks Consensus Estimate of $0.46 per share, with an earnings surprise of 43.48% [1] - The company posted revenues of $77.59 million for the quarter ended December 2024, surpassing the Zacks Consensus Estimate by 2.90%, compared to year-ago revenues of $60.17 million [2] Historical Performance - Over the last four quarters, Business First has surpassed consensus EPS estimates three times and topped consensus revenue estimates three times [2] Stock Movement and Outlook - Business First shares have declined about 1% since the beginning of the year, while the S&P 500 has gained 3.5% [3] - The company's current consensus EPS estimate for the coming quarter is $0.55 on revenues of $75.23 million, and for the current fiscal year, it is $2.54 on revenues of $312.51 million [7] Industry Context - The Banks - Northeast industry, to which Business First belongs, is currently in the top 20% of over 250 Zacks industries, indicating a favorable outlook [8] - Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact stock performance [5]
Business First (BFST) Beats Q4 Earnings and Revenue Estimates