Alerus (ALRS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Alerus Financial (ALRS) Earnings Outlook - Wall Street anticipates a year-over-year increase in earnings for Alerus, with expectations of earnings per share (EPS) at $0.56, reflecting an increase of +80.7% compared to the previous year [3] - Revenues are projected to reach $69.9 million, which is a 36.1% increase from the same quarter last year [3] - The earnings report is scheduled for release on July 28, and actual results that exceed expectations could lead to a rise in stock price, while a miss could result in a decline [2] Estimate Revisions and Earnings ESP - The consensus EPS estimate has remained unchanged over the last 30 days, indicating stability in analyst expectations [4] - Alerus has a positive Earnings ESP of +0.60%, suggesting recent bullish sentiment among analysts regarding the company's earnings prospects [11] - However, the stock currently holds a Zacks Rank of 4, complicating predictions of an earnings beat [11] Historical Performance and Earnings Surprise - In the last reported quarter, Alerus exceeded the expected EPS of $0.43 by delivering $0.56, resulting in a surprise of +30.23% [12] - Over the past four quarters, Alerus has beaten consensus EPS estimates two times [13] Broader Industry Context - Blackstone Inc. (BX), another player in the financial services industry, is expected to report EPS of $1.09 for the same quarter, indicating a year-over-year change of +13.5% [17] - Blackstone's revenues are anticipated to be $2.77 billion, up 10.2% from the previous year [18] - The consensus EPS estimate for Blackstone has been revised 0.6% lower in the last 30 days, resulting in a negative Earnings ESP of -0.16% [18]