BancorpSouth 2Q Earnings Pregame Scorecard
Having topped analysts' estimates last quarter by 9 cents per share, BancorpSouth (NYSE:BXS) is expected to deliver its latest earnings on Monday, July 23, 2012.
Expectations
Analysts currently expect BancorpSouth to come in with earnings of 20 cents per share on revenues of $177.8 million. Estimates from analysts range from 18 cents per share to 22 cents per share. Over the past three months, the average estimate has moved up from 16 cents.
Stock Movement
Recently, the stock price has been rising Since June 21, 2012 business days the stock has risen $1.19 per share. Looking at change over the last three months, from April 19, 2012 and July 16, 2012, the stock price is up $2.17 (16.9%), from $12.83 to $15.
Company Fundamental Trends
Stock Ratings
Analysts think investors should stand pat on BancorpSouth with seven of 10 analysts rating it hold. Analyst sentiment has been improving recently, as the average rating risen slightly over the past three months.
Last Quarter's Results
In the first quarter, the company swung to a profit of $22.9 million (25 cents a share) from a loss of $494,000 (one cent) a year earlier, beating analyst estimates. Revenue fell 4.5% to $197.7 million from $207.1 million.
Summary
Reporting Period: 2Q
Date of Release: Monday, July 23, 2012
EPS: 20 cents
Revenue Estimate: $177.8 million
(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)