Amerant Bancorp (US:AMTB) Zacks Investment Researchยท2024-04-17 15:07Core Viewpoint - The market anticipates a year-over-year decline in earnings for Amerant Bancorp Inc. (AMTB) due to lower revenues, with the earnings report expected on April 24, 2024, being crucial for stock price movement [1] Earnings Expectations - The consensus estimate for Amerant Bancorp's quarterly earnings is $0.36 per share, reflecting a year-over-year decrease of 39% [2] - Expected revenues are $91.76 million, down 9.8% from the same quarter last year [2] - The EPS estimate has been revised 5% lower in the last 30 days, indicating a reassessment by analysts [2] Earnings Surprise Prediction - The Zacks Earnings ESP model indicates that the Most Accurate Estimate for Amerant Bancorp is higher than the Zacks Consensus Estimate, resulting in an Earnings ESP of +2.78% [5] - However, the company holds a Zacks Rank of 4, complicating the prediction of an earnings beat [5][6] Historical Performance - In the last reported quarter, Amerant Bancorp met the expected earnings of $0.46 per share, showing no surprise [7] - Over the past four quarters, the company has beaten consensus EPS estimates twice [7] Market Context - The performance of Amerant Bancorp may not solely depend on earnings results, as other factors can influence stock movement [8] - The company does not appear to be a strong candidate for an earnings beat, suggesting investors should consider additional factors before making decisions [8]