Benzinga | Oct 26, 2021 10:09AM EDT

Preview: Alerus Financial's Earnings

Alerus Financial (NASDAQ:ALRS) is set to give its latest quarterly earnings report on Wednesday, 2021-10-27. Here's what investors need to know before the announcement.

Analysts estimate that Alerus Financial will likely report an Earnings Per Share (EPS) of $0.50

Alerus 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).

Historical Earnings Performance

Last quarter the company beat on EPS by 17.86%, which was followed by a 0.39% drop in the share price the next day.

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

Quarter Q2 2021 Q1 2021 Q4 2020 Q3 2020EPS Estimate 0.56 0.63 0.62 0.40EPS Actual 0.66 0.86 0.57 0.99Price Change % -0.39% -0.03% 1.85% 1.15%

Stock Performance

Shares of Alerus Financial were trading at $31.45 as of October 25. Over the last 52-week period, shares are up 41.81%. Given that these returns are generally positive, long-term shareholders should be satisfied going into this earnings release.

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