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Exploring Analyst Estimates for Alerus (ALRS) Q4 Earnings, Beyond Revenue and EPS
AlerusAlerus(US:ALRS) Zacks Investment Researchยท2024-01-23 22:20

Core Insights - Alerus (ALRS) is expected to report quarterly earnings of $0.29 per share, a decline of 45.3% year-over-year, with revenues forecasted at $45 million, down 14.3% from the previous year [1][2] Earnings Estimates - The consensus EPS estimate has remained unchanged over the last 30 days, indicating analysts have reevaluated their initial estimates [1] - Analysts predict 'Net interest margin, tax-equivalent' will reach 2.2%, down from 3.1% in the same quarter last year [2] - The 'Efficiency ratio' is estimated at 81.3%, compared to 69.6% a year ago [2] Key Financial Metrics - Estimated 'Total Noninterest income' is $24.91 million, down from $25.52 million in the same quarter last year [3] - 'Net interest income' is projected to be $20.13 million, a decrease from $26.96 million in the same quarter last year [3] - 'Average Balance - Total interest earning assets' is expected to reach $3.68 billion, compared to $3.47 billion in the same quarter of the previous year [2] Stock Performance - Over the past month, Alerus shares have returned -3.5%, while the Zacks S&P 500 composite has increased by +2.1% [3] - Alerus currently holds a Zacks Rank 1 (Strong Buy), suggesting potential outperformance in the near future [3]