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Earnings Preview : Q3 2024 Is Shaping Up To Be An Important Quarter For Byline Bancorp ($BY)

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Equity Desk
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October 23, 2024 5:57 am
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    On Thursday 24th October 2024, Byline Bancorp (NYSE: BY) will release its highly anticipated third quarter financial results. This important announcement is scheduled to occur after market close.

    According to the forecasts of financial experts on Wall Street, the firm is expected to reveal an anticipated $0.65 profit per share for the quarter. Additionally, the firm is poised to disclose a quarterly revenue of $101.08 million.

    The experts on Wall Street have shared their predictions for how well the company will do this year. They think the total revenue will be around $402.83 million. They also believe the company will reach about profit of $2.67 per share for the fiscal year.

    Upon revisiting the corresponding quarter from the prior year, the company's earnings report demonstrated a per-share income of $0.77. This figure was attributed to the company's total revenue, which reached an impressive $104.83 million during that same period.

    Period EPS
    Actual
    EPS
    Growth*
    Revenue
    Actual
    Revenue
    Growth*
    Historical Earnings Insight
    Q2 2024 $0.68 -6.8% 99.37 M +9.9%
    Q1 2024 $0.70 +7.7% 101.01 M +11.2%
    Q4 2023 $0.73 +9.0% 100.79 M +14.5%
    Q3 2023 $0.77 +26.2% 104.83 M +29.6%
    Q2 2023 $0.73 +35.2% 90.46 M +19.4%
    *Growth on year-over-year basis

     

    The business has scheduled a conference call on 25th October 2024 at 10:00 AM eastern time to discuss Q3 financial results.

    Throughout Tuesday's trading, Byline Bancorp (BY) shares fluctuated between $25.83 and $26.65, with a trading volume of 251.50 thousand shares. The stock ended the regular trading session at $26.59, showing an upturn of 2.74 percent.

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      Equity Desk

      RELATED ARTICLESMORE FROM AUTHOR

      Byline Bancorp, Inc. ($BY) 3Q20 Earnings Conference Call At 10:00 AM Eastern Time

      Street Expectation From Byline Bancorp, Inc. ($BY) 3Q20 Earnings?

      Byline Bancorp, Inc. (NYSE:BY) 2Q20 Investor Call On 24th July 2020 At 10:00 AM Eastern Time


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