Banner: Q1 Earnings Insights

Banner (NASDAQ:BANR) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:00 PM. Here’s what investors…

Banner (NASDAQ:BANR) reported its Q1 earnings results on Wednesday, April 19, 2023 at 04:00 PM.

Here’s what investors need to know about the announcement.

Earnings

Banner beat estimated earnings by 13.29%, reporting an EPS of $1.79 versus an estimate of $1.58.

Revenue was up $24.51 million from the same period last year.

Past Earnings Performance

Last quarter the company beat on EPS by $0.09 which was followed by a 5.11% increase in the share price the next day.

Here’s a look at Banner’s past performance:

Quarter Q4 2022 Q3 2022 Q2 2022 Q1 2022
EPS Estimate 1.59 1.39 1.25 1.10
EPS Actual 1.68 1.42 1.25 1.33
Revenue Estimate 153.53M 137.22M 124.37M 118.64M
Revenue Actual 172.14M 162.03M 156.18M 138.08M

To track all earnings releases for Banner visit their earnings calendar here.

This article was generated by Benzinga’s automated content engine and reviewed by an editor.

Total
0
Shares
Related Posts
Read More

US Stocks Fall to Two-Month Low Amid Higher Volatility

U.S. stocks closed lower, dropping to a two-month low level on Friday. All three major indices declined to levels not seen since mid-July, while the S&P 500 index settled below the major 3,900 level. Hotter-than-expected data on inflation raised prospects of an interest rate increase of at least 75 basis points at this week’s policy meeting.

AAPL