Sterling Bancorp (NYSE:STL) reported its Q4 earnings results on Wednesday, January 19, 2022 at 04:00 PM.
Here’s what investors need to know about the announcement.
Earnings
Sterling Bancorp beat estimated earnings by 23.08%, reporting an EPS of $0.64 versus an estimate of $0.52, which surprised analysts.
Revenue was up $4.67 million from the same period last year.
Past Earnings Performance
Last quarter the company beat on EPS by $0.01, which was followed by a 2.16% drop in the share price the next day.
Here’s a look at Sterling Bancorp’s past performance:
| Quarter | Q3 2021 | Q2 2021 | Q1 2021 | Q4 2020 |
|---|---|---|---|---|
| EPS Estimate | 0.51 | 0.50 | 0.46 | 0.46 |
| EPS Actual | 0.52 | 0.52 | 0.51 | 0.49 |
| Revenue Estimate | 221.30M | 221.64M | 220.48M | 219.56M |
| Revenue Actual | 213.84M | 218.53M | 211.77M | 222.03M |
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This article was generated by Benzinga’s automated content engine and reviewed by an editor.
