Southern Missouri Bancorp (SMBC) Beats Q2 Earnings and Revenue Estimates

Core Viewpoint - Southern Missouri Bancorp (SMBC) reported quarterly earnings of $1.30 per share, exceeding the Zacks Consensus Estimate of $1.23 per share, and showing an increase from $1.07 per share a year ago, indicating a positive earnings surprise of 5.69% [1][2] Group 1: Earnings Performance - The company has surpassed consensus EPS estimates three times over the last four quarters [2] - For the quarter ended December 2024, SMBC posted revenues of $45.01 million, which is 4.16% above the Zacks Consensus Estimate and an increase from $40.13 million year-over-year [2] - The company has topped consensus revenue estimates four times over the last four quarters [2] Group 2: Stock Performance and Outlook - SMBC shares have declined approximately 0.3% since the beginning of the year, while the S&P 500 has gained 3.7% [3] - The current consensus EPS estimate for the upcoming quarter is $1.20 on revenues of $43.75 million, and for the current fiscal year, it is $4.75 on revenues of $175.77 million [7] Group 3: Industry Context - The Financial - Savings and Loan industry, to which SMBC belongs, is currently ranked in the top 11% of over 250 Zacks industries, suggesting a favorable industry outlook [8] - Empirical research indicates a strong correlation between near-term stock movements and trends in earnings estimate revisions, which can impact SMBC's stock performance [5][6]