BancFirst (BANF) Earnings Expected to Grow: Should You Buy?

Core Viewpoint - BancFirst (BANF) is expected to report a year-over-year increase in earnings driven by higher revenues, with the consensus outlook being crucial for assessing the company's earnings picture [1][3]. Earnings Expectations - The consensus EPS estimate for BancFirst is $1.67 per share, reflecting a year-over-year increase of +10.6% [3]. - Expected revenues for the quarter are $164.5 million, which is a 6.9% increase from the same quarter last year [3]. Estimate Revisions - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analysts' assessments [4]. - A positive Earnings ESP of +1.50% suggests that analysts have recently become more optimistic about BancFirst's earnings prospects [12]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that a positive Earnings ESP is a strong predictor of an earnings beat, especially when combined with a Zacks Rank of 1 (Strong Buy), 2 (Buy), or 3 (Hold) [10]. - BancFirst currently holds a Zacks Rank of 2, indicating a high likelihood of beating the consensus EPS estimate [12]. Historical Performance - BancFirst has consistently beaten consensus EPS estimates, achieving this in the last four quarters [14]. - In the last reported quarter, BancFirst exceeded expectations by delivering earnings of $1.67 per share against an expected $1.58, resulting in a surprise of +5.70% [13]. Conclusion - BancFirst is positioned as a compelling candidate for an earnings beat, but investors should consider other factors influencing stock performance ahead of the earnings release [17].