Benzinga | Oct 20, 2021 10:14AM EDT

SVB Financial Earnings Preview

SVB Financial (NASDAQ:SIVB) is set to give its latest quarterly earnings report on Thursday, 2021-10-21. Here's what investors need to know before the announcement.

Analysts estimate that SVB Financial will likely report an Earnings Per Share (EPS) of $5.04

SVB Financial 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 39.85%, which was followed by a 0.27% increase in the share price the next day.

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

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 6.50 6.47 3.83 5.14EPS Actual 9.09 10.03 7.40 8.47Price Change % 0.27% 8.72% 5.39% 3.97%

Stock Performance

Shares of SVB Financial were trading at $699.92 as of October 19. Over the last 52-week period, shares are up 145.35%. Given that these returns are generally positive, long-term shareholders are likely bullish going into this earnings release.

To track all upcoming earnings announcements, click here to use Benzinga Earnings Calendar.