Benzinga | Oct 19, 2021 10:58AM EDT

Earnings Preview: Banner

Banner (NASDAQ:BANR) is set to give its latest quarterly earnings report on Wednesday, 2021-10-20. Here's what investors need to know before the announcement.

Analysts estimate that Banner will likely report an Earnings Per Share (EPS) of $1.15

Banner 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 40.54%, which was followed by a $0.73 drop in the share price the next day.

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

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 1.11 1.03 0.92 0.82EPS Actual 1.56 1.33 1.08 1.04Revenue Estimate 122.62M 132.76M 121.77M 124.62MRevenue Actual 149.89M 141.93M 144.95M 149.25M

Stock Performance

Shares of Banner were trading at $57.13 as of October 18. Over the last 52-week period, shares are up 50.59%. 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