(SASR) FY2024Q2 Earning Prediction
(SASR) is set to release its earnings performance on 07/23 04:00:00 in trading. Consensus forecasts predict a revenue of 99.16M and an earnings per share (EPS) of 0.45 for the . With Intellectia's exclusive AI algorithms, users can predict whether the earnings will beat or miss expectations before the report drops. Leverage this powerful tool to strategize and position your trades ahead of the earnings release!
Earnings Surprise Analysis
SASR Transcript
The earnings call revealed mixed signals. Financial performance showed modest growth with increased net income and deposits, but there were notable concerns such as increased nonperforming loans and lack of a shareholder return plan. The Q&A section highlighted uncertainties about deposit costs and repricing opportunities. While optimistic guidance was given, it was not strongly supported by clear evidence of significant growth catalysts. The market cap suggests moderate sensitivity to these factors, leading to a neutral prediction for stock price movement.
The earnings call summary and Q&A section provide a mixed outlook. Financial performance showed slight improvement, but management's avoidance of clear guidance on deposit costs and OREO values raises concerns. Despite a positive outlook on loan repricing and wealth management, the lack of immediate share buybacks and unclear responses temper optimism. The company's market cap suggests moderate volatility, leading to a neutral prediction.
SASR Report
Frequently Asked Questions
What is the undefined FY2024Q2 Earnings Release Date and Time?
(SASR) is scheduled to release its FY2024Q2 earnings report onJul 23, 2024, (approximately 4:00 PM ET). This timing allows investors to react during after-hours trading, with a conference call typically following shortly after.
What Are the Consensus Forecasts for undefined FY2024Q2 Revenue and EPS?
Analysts' consensus predicts 99.16M in revenue and an EPS of 0.45 for 's FY2024Q2.
What Does Intellectia's AI Predict for undefined FY2024Q2 Earnings?
Intellectia's exclusive AI algorithms forecast a for's FY2024Q2 earnings, with a prediction date of Jul 23, 2024.
How Can I Use This Earnings Prediction to Trade SASR Stock?
Leverage Intellectia's AI forecast to position trades ahead of theJul 23, 2024 release—consider calls for a beat scenario or protective puts for misses. Focus on pre-market volatility, and use the scenario probabilities to build strategies around revenue and guidance updates.
How Accurate Is Intellectia's AI for Earnings Predictions Like undefined FY2024Q2?
Intellectia's predictions are backed by rigorous backtesting, showing a high hit rate for Beat and Miss calls compared to traditional analysis. While no forecast is 100% certain, we provide probability-based scenarios (e.g., 50% chance of a *Beat*) and detailed rationales to help you make informed decisions. Combine our insights with your strategy for the best results—it's like having a co-pilot for earnings season! Empowering users to strategize trades before reports drop.
How does AI Earnings Prediction generate its forecasts?
AI Earnings Prediction uses advanced Large Language Models (LLMs) to analyze a wealth of data, including past earnings transcripts, real-time market sentiment, analyst insights, and company news from the last three months. It focuses on key indicators like revenue, EPS, and margins to predict whether a company will *Beat*, *Miss*, or remain Neutral relative to market expectations. Think of it as a super-smart analyst crunching numbers and news 24/7 to give you a trading edge!
When are the predictions available, and how often are they updated?
Predictions are generated two days before a company’s earnings release (e.g., 5:00 PM ET on Feb 13 for a Feb 15 report) to capture the latest market and company data. They’re updated in real-time if significant news breaks, ensuring you get fresh insights.
Can I use AI Earnings Prediction for all types of stocks?
Currently, AI Earnings Prediction focuses on companies with market caps above $40 billion, covering major players like SPG, AAPL, MSFT, and NVDA for the 2024-2025 earnings seasons. We prioritize high-impact stocks with robust data to ensure reliable forecasts. Stay tuned as we expand coverage to more companies based on user demand!
