ServisFirst Bancshares (SFBS) Earnings Expected to Grow: What to Know Ahead of Next Week's Release

Core Viewpoint - ServisFirst Bancshares (SFBS) is anticipated to report a year-over-year increase in earnings driven by higher revenues, with the actual results being crucial for its near-term stock price movement [1][2]. Earnings Expectations - The upcoming earnings report is expected to be released on October 20, with a consensus estimate of quarterly earnings at $1.38 per share, reflecting a year-over-year increase of +25.5%. Revenues are projected to be $148.8 million, up 20.3% from the previous year [3][2]. Estimate Revisions - Over the last 30 days, the consensus EPS estimate has been revised down by 2.74%, indicating a reassessment by analysts regarding the company's earnings outlook [4]. Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that ServisFirst has a positive Earnings ESP of +1.45%, suggesting analysts have recently become more optimistic about the company's earnings prospects. However, the stock holds a Zacks Rank of 4, complicating predictions of an earnings beat [12]. Historical Performance - In the last reported quarter, ServisFirst was expected to post earnings of $1.20 per share but exceeded this with earnings of $1.21, resulting in a surprise of +0.83%. Over the last four quarters, the company has beaten consensus EPS estimates three times [13][14]. Conclusion - While ServisFirst does not appear to be a strong candidate for an earnings beat, it is essential for investors to consider other factors when making decisions regarding the stock ahead of the earnings release [17].