ConocoPhillips (COP) closed the most recent trading day at $89.22, moving -0.49% from the previous trading session. This move lagged the S&P 500’s daily gain of 2.44%. At the same time, the Dow added 1.65%, and the tech-heavy Nasdaq gained 0.28%.

– Zacks

Coming into today, shares of the energy company had gained 24.05% in the past month. In that same time, the Oils-Energy sector gained 9.72%, while the S&P 500 lost 9.65%.

ConocoPhillips will be looking to display strength as it nears its next earnings release, which is expected to be February 3, 2022. In that report, analysts expect ConocoPhillips to post earnings of $2.20 per share. This would mark year-over-year growth of 1257.89%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $14.07 billion, up 132.6% from the year-ago period.

Any recent changes to analyst estimates for ConocoPhillips should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 8.51% higher. ConocoPhillips is holding a Zacks Rank of #3 (Hold) right now.

Investors should also note ConocoPhillips’s current valuation metrics, including its Forward P/E ratio of 9.89. For comparison, its industry has an average Forward P/E of 11.02, which means ConocoPhillips is trading at a discount to the group.

Also, we should mention that COP has a PEG ratio of 0.65. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. Oil and Gas – Integrated – United States stocks are, on average, holding a PEG ratio of 0.56 based on yesterday’s closing prices.

The Oil and Gas – Integrated – United States industry is part of the Oils-Energy sector. This group has a Zacks Industry Rank of 166, putting it in the bottom 35% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

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Avis Budget Group (CAR) closed the most recent trading day at $165.42, moving +0.56% from the previous trading session. This move lagged the S&P 500’s daily gain of 2.44%. At the same time, the Dow added 1.65%, and the tech-heavy Nasdaq gained 0.28%.

– Zacks

Coming into today, shares of the car rental company had lost 19.75% in the past month. In that same time, the Business Services sector lost 27.42%, while the S&P 500 lost 9.65%.

Avis Budget Group will be looking to display strength as it nears its next earnings release, which is expected to be February 14, 2022. In that report, analysts expect Avis Budget Group to post earnings of $5.72 per share. This would mark year-over-year growth of 1688.89%. Meanwhile, the Zacks Consensus Estimate for revenue is projecting net sales of $2.4 billion, up 77.09% from the year-ago period.

Any recent changes to analyst estimates for Avis Budget Group should also be noted by investors. Recent revisions tend to reflect the latest near-term business trends. With this in mind, we can consider positive estimate revisions a sign of optimism about the company’s business outlook.

Our research shows that these estimate changes are directly correlated with near-term stock prices. We developed the Zacks Rank to capitalize on this phenomenon. Our system takes these estimate changes into account and delivers a clear, actionable rating model.

The Zacks Rank system, which ranges from #1 (Strong Buy) to #5 (Strong Sell), has an impressive outside-audited track record of outperformance, with #1 stocks generating an average annual return of +25% since 1988. Over the past month, the Zacks Consensus EPS estimate has moved 4.12% higher. Avis Budget Group is holding a Zacks Rank of #3 (Hold) right now.

Investors should also note Avis Budget Group’s current valuation metrics, including its Forward P/E ratio of 7.91. For comparison, its industry has an average Forward P/E of 17.72, which means Avis Budget Group is trading at a discount to the group.

Also, we should mention that CAR has a PEG ratio of 0.41. The PEG ratio is similar to the widely-used P/E ratio, but this metric also takes the company’s expected earnings growth rate into account. Business – Services stocks are, on average, holding a PEG ratio of 0.71 based on yesterday’s closing prices.

The Business – Services industry is part of the Business Services sector. This group has a Zacks Industry Rank of 96, putting it in the top 38% of all 250+ industries.

The Zacks Industry Rank gauges the strength of our industry groups by measuring the average Zacks Rank of the individual stocks within the groups. Our research shows that the top 50% rated industries outperform the bottom half by a factor of 2 to 1.

Make sure to utilize Zacks.com to follow all of these stock-moving metrics, and more, in the coming trading sessions.

Infrastructure Stock Boom to Sweep America

A massive push to rebuild the crumbling U.S. infrastructure will soon be underway. It’s bipartisan, urgent, and inevitable. Trillions will be spent. Fortunes will be made.

The only question is “Will you get into the right stocks early when their growth potential is greatest?”

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Western Alliance (WAL) came out with quarterly earnings of $2.34 per share, beating the Zacks Consensus Estimate of $2.30 per share. This compares to earnings of $1.93 per share a year ago. These figures are adjusted for non-recurring items.

– Zacks

This quarterly report represents an earnings surprise of 1.74%. A quarter ago, it was expected that this bank holding company would post earnings of $2.25 per share when it actually produced earnings of $2.30, delivering a surprise of 2.22%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Western Alliance, which belongs to the Zacks Banks – West industry, posted revenues of $561 million for the quarter ended December 2021, surpassing the Zacks Consensus Estimate by 1.30%. This compares to year-ago revenues of $338.6 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Western Alliance shares have added about 1.9% since the beginning of the year versus the S&P 500’s decline of -8.7%.

What’s Next for Western Alliance?

While Western Alliance has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Western Alliance: favorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #2 (Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $2.25 on $553.38 million in revenues for the coming quarter and $9.79 on $2.37 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks – West is currently in the top 12% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the broader Zacks Finance sector, American Campus Communities (ACC), is yet to report results for the quarter ended December 2021. The results are expected to be released on February 22.

This real estate investment trust is expected to post quarterly earnings of $0.72 per share in its upcoming report, which represents a year-over-year change of +22%. The consensus EPS estimate for the quarter has been revised 1.1% higher over the last 30 days to the current level.

American Campus Communities’ revenues are expected to be $265.8 million, up 14.1% from the year-ago quarter.

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Zacks Investment Research

OceanFirst Financial (OCFC) came out with quarterly earnings of $0.48 per share, beating the Zacks Consensus Estimate of $0.44 per share. This compares to earnings of $0.39 per share a year ago. These figures are adjusted for non-recurring items.

– Zacks

This quarterly report represents an earnings surprise of 9.09%. A quarter ago, it was expected that this holding company for OceanFirst Bank would post earnings of $0.41 per share when it actually produced earnings of $0.45, delivering a surprise of 9.76%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

OceanFirst, which belongs to the Zacks Financial – Savings and Loan industry, posted revenues of $90 million for the quarter ended December 2021, missing the Zacks Consensus Estimate by 1.29%. This compares to year-ago revenues of $93.98 million. The company has topped consensus revenue estimates just once over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

OceanFirst shares have added about 2.2% since the beginning of the year versus the S&P 500’s decline of -8.7%.

What’s Next for OceanFirst?

While OceanFirst has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for OceanFirst: mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.46 on $90.72 million in revenues for the coming quarter and $2.05 on $405.04 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Financial – Savings and Loan is currently in the top 35% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the broader Zacks Finance sector, Universal Insurance Holdings (UVE), is yet to report results for the quarter ended December 2021.

This property and casualty insurance company is expected to post quarterly earnings of $0.30 per share in its upcoming report, which represents a year-over-year change of +135.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Universal Insurance Holdings’ revenues are expected to be $286.63 million, up 4.9% from the year-ago quarter.

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Byline Bancorp (BY) came out with quarterly earnings of $0.69 per share, beating the Zacks Consensus Estimate of $0.58 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.

– Zacks

This quarterly report represents an earnings surprise of 18.97%. A quarter ago, it was expected that this bank holding company would post earnings of $0.57 per share when it actually produced earnings of $0.69, delivering a surprise of 21.05%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Byline Bancorp, which belongs to the Zacks Banks – Northeast industry, posted revenues of $80.74 million for the quarter ended December 2021, surpassing the Zacks Consensus Estimate by 5.89%. This compares to year-ago revenues of $73.71 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Byline Bancorp shares have added about 0.7% since the beginning of the year versus the S&P 500’s decline of -8.7%.

What’s Next for Byline Bancorp?

While Byline Bancorp has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Byline Bancorp: favorable. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #1 (Strong Buy) for the stock. So, the shares are expected to outperform the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.45 on $71.7 million in revenues for the coming quarter and $1.74 on $289.15 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks – Northeast is currently in the top 12% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

One other stock from the broader Zacks Finance sector, CNA Financial (CNA), is yet to report results for the quarter ended December 2021. The results are expected to be released on February 7.

This insurance holding company is expected to post quarterly earnings of $0.95 per share in its upcoming report, which represents a year-over-year change of -22.8%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

CNA Financial’s revenues are expected to be $2.57 billion, up 1.3% from the year-ago quarter.

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SB Financial Group, Inc. (SBFG) came out with quarterly earnings of $0.42 per share, beating the Zacks Consensus Estimate of $0.36 per share. This compares to earnings of $0.73 per share a year ago. These figures are adjusted for non-recurring items.

– Zacks

This quarterly report represents an earnings surprise of 16.67%. A quarter ago, it was expected that this company would post earnings of $0.44 per share when it actually produced earnings of $0.53, delivering a surprise of 20.45%.

Over the last four quarters, the company has surpassed consensus EPS estimates three times.

SB Financial Group, Inc., which belongs to the Zacks Banks – Northeast industry, posted revenues of $15.67 million for the quarter ended December 2021, surpassing the Zacks Consensus Estimate by 10.33%. This compares to year-ago revenues of $18.15 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

SB Financial Group, Inc. Shares have added about 7.8% since the beginning of the year versus the S&P 500’s decline of -8.7%.

What’s Next for SB Financial Group, Inc.

While SB Financial Group, Inc. Has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for SB Financial Group, Inc. Mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.27 on $13.4 million in revenues for the coming quarter and $1.71 on $61.3 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks – Northeast is currently in the top 12% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

PennantPark (PNNT), another stock in the broader Zacks Finance sector, has yet to report results for the quarter ended December 2021. The results are expected to be released on February 9.

This business development company is expected to post quarterly earnings of $0.13 per share in its upcoming report, which represents a year-over-year change of +8.3%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

PennantPark’s revenues are expected to be $22.21 million, up 18.6% from the year-ago quarter.

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Matthews International (MATW) came out with quarterly earnings of $0.74 per share, beating the Zacks Consensus Estimate of $0.54 per share. This compares to earnings of $0.68 per share a year ago. These figures are adjusted for non-recurring items.

– Zacks

This quarterly report represents an earnings surprise of 37.04%. A quarter ago, it was expected that this casket and memorial manufacturer would post earnings of $0.73 per share when it actually produced earnings of $0.80, delivering a surprise of 9.59%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

Matthews International, which belongs to the Zacks Funeral Services industry, posted revenues of $438.58 million for the quarter ended December 2021, surpassing the Zacks Consensus Estimate by 13.74%. This compares to year-ago revenues of $386.66 million. The company has topped consensus revenue estimates four times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

Matthews International shares have lost about 7.3% since the beginning of the year versus the S&P 500’s decline of -8.7%.

What’s Next for Matthews International?

While Matthews International has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for Matthews International: mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.69 on $421.5 million in revenues for the coming quarter and $2.93 on $1.7 billion in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Funeral Services is currently in the top 41% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Hillenbrand (HI), another stock in the same industry, has yet to report results for the quarter ended December 2021. The results are expected to be released on February 2.

This diversified industrial company specializing in business-to-business products is expected to post quarterly earnings of $0.91 per share in its upcoming report, which represents a year-over-year change of -5.2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Hillenbrand’s revenues are expected to be $713 million, up 3% from the year-ago quarter.

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First Financial Bancorp (FFBC) came out with quarterly earnings of $0.58 per share, beating the Zacks Consensus Estimate of $0.55 per share. This compares to earnings of $0.51 per share a year ago. These figures are adjusted for non-recurring items.

– Zacks

This quarterly report represents an earnings surprise of 5.45%. A quarter ago, it was expected that this holding company for First Financial Bank would post earnings of $0.51 per share when it actually produced earnings of $0.63, delivering a surprise of 23.53%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

First Financial, which belongs to the Zacks Banks – Midwest industry, posted revenues of $157.85 million for the quarter ended December 2021, surpassing the Zacks Consensus Estimate by 1.71%. This compares to year-ago revenues of $181.6 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

First Financial shares have added about 4.5% since the beginning of the year versus the S&P 500’s decline of -8.7%.

What’s Next for First Financial?

While First Financial has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for First Financial: mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.45 on $147.85 million in revenues for the coming quarter and $1.85 on $611.7 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks – Midwest is currently in the top 8% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Public Storage (PSA), another stock in the broader Zacks Finance sector, has yet to report results for the quarter ended December 2021.

This self-storage facility real estate investment trust is expected to post quarterly earnings of $3.42 per share in its upcoming report, which represents a year-over-year change of +16.7%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Public Storage’s revenues are expected to be $913.3 million, up 22% from the year-ago quarter.

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PCB Bancorp (PCB) came out with quarterly earnings of $0.70 per share, beating the Zacks Consensus Estimate of $0.66 per share. This compares to earnings of $0.38 per share a year ago. These figures are adjusted for non-recurring items.

– Zacks

This quarterly report represents an earnings surprise of 6.06%. A quarter ago, it was expected that this company would post earnings of $0.64 per share when it actually produced earnings of $0.73, delivering a surprise of 14.06%.

Over the last four quarters, the company has surpassed consensus EPS estimates four times.

PCB Bancorp, which belongs to the Zacks Banks – Southwest industry, posted revenues of $24.93 million for the quarter ended December 2021, missing the Zacks Consensus Estimate by 1.84%. This compares to year-ago revenues of $21.93 million. The company has topped consensus revenue estimates three times over the last four quarters.

The sustainability of the stock’s immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management’s commentary on the earnings call.

PCB Bancorp shares have added about 4.5% since the beginning of the year versus the S&P 500’s decline of -8.7%.

What’s Next for PCB Bancorp?

While PCB Bancorp has outperformed the market so far this year, the question that comes to investors’ minds is: what’s next for the stock?

There are no easy answers to this key question, but one reliable measure that can help investors address this is the company’s earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately.

Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions.

Ahead of this earnings release, the estimate revisions trend for PCB Bancorp: mixed. While the magnitude and direction of estimate revisions could change following the company’s just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.

It will be interesting to see how estimates for the coming quarters and current fiscal year change in the days ahead. The current consensus EPS estimate is $0.58 on $25.25 million in revenues for the coming quarter and $2.15 on $99.4 million in revenues for the current fiscal year.

Investors should be mindful of the fact that the outlook for the industry can have a material impact on the performance of the stock as well. In terms of the Zacks Industry Rank, Banks – Southwest is currently in the top 33% of the 250 plus Zacks industries. Our research shows that the top 50% of the Zacks-ranked industries outperform the bottom 50% by a factor of more than 2 to 1.

Another stock from the same industry, Red River Bancshares (RRBI), has yet to report results for the quarter ended December 2021.

This holding company for Red River Bank is expected to post quarterly earnings of $0.97 per share in its upcoming report, which represents a year-over-year change of -2%. The consensus EPS estimate for the quarter has remained unchanged over the last 30 days.

Red River Bancshares’ revenues are expected to be $23.71 million, down 4.6% from the year-ago quarter.

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Red River Bancshares, Inc. (RRBI): Free Stock Analysis Report
 
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