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Veritex Holdings (VBTX) Lags Q4 Earnings and Revenue Estimates
VBTXVeritex (VBTX) ZACKS·2025-01-28 23:46

Core Viewpoint - Veritex Holdings reported quarterly earnings of 0.54pershare,missingtheZacksConsensusEstimateof0.54 per share, missing the Zacks Consensus Estimate of 0.56 per share, and showing a decline from 0.58pershareayearago,indicatinga3.570.58 per share a year ago, indicating a -3.57% earnings surprise [1][2] Financial Performance - The company posted revenues of 106.2 million for the quarter ended December 2024, missing the Zacks Consensus Estimate by 6.27%, compared to 77.74millioninthesamequarterlastyear[2]Overthelastfourquarters,VeritexHoldingshassurpassedconsensusEPSestimatesonlyonce[2]StockPerformanceVeritexHoldingsshareshavedecreasedbyapproximately1.777.74 million in the same quarter last year [2] - Over the last four quarters, Veritex Holdings has surpassed consensus EPS estimates only once [2] Stock Performance - Veritex Holdings shares have decreased by approximately 1.7% since the beginning of the year, while the S&P 500 has gained 2.2% [3] - The stock currently holds a Zacks Rank 2 (Buy), indicating expectations of outperforming the market in the near future [6] Earnings Outlook - The current consensus EPS estimate for the upcoming quarter is 0.53 on revenues of 112.05million,andforthecurrentfiscalyear,itis112.05 million, and for the current fiscal year, it is 2.24 on revenues of $456.35 million [7] - The trend of estimate revisions for Veritex Holdings has been favorable ahead of the earnings release [6] Industry Context - The Banks - Southeast industry, to which Veritex Holdings belongs, is currently ranked in the top 15% of over 250 Zacks industries, suggesting a positive outlook for stocks in this sector [8]