Benzinga | Oct 18, 2021 02:06PM EDT

A Preview Of Equity Bancshares's Earnings

(NASDAQ:EQBK) is set to give its latest quarterly earnings report on Tuesday, 2021-10-19. Here's what investors need to know before the announcement.

Analysts estimate that Equity Bancshares will likely report an Earnings Per Share (EPS) of $0.69

Equity Bancshares bulls will hope to hear the company to announce they've not only beaten that estimate, but also to provide positive guidance, or forecasted growth, for the next quarter.

New investors should note that it is sometimes not an earnings beat or miss that most affects the price of a stock, but the guidance (or forecast).

Past Earnings Performance

Last quarter the company beat on EPS by $66.13, which was followed by a 7.84 increase in the share price the next day.

Here's a look at Equity Bancshares's past performance and the resulting price change:

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.62 0.56 0.54 0.43EPS Actual 1.03 0.65 0.67 0.60Revenue Estimate 37.91M 38.51M 38.18M 38.52MRevenue Actual 43.73M 38.45M 44.06M 38.59M

Stock Performance

Shares of Equity Bancshares were trading at $34.48 as of October 15. Over the last 52-week period, shares are up 109.88%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

If you want to track all upcoming earnings announcements, check out our Earnings Calendar here