Insights into QCR Holdings (QCRH) Q4 Earnings Projections

As QCR Holdings (QCRH) approaches its quarterly earnings report, analysts on Wall Street are forecasting that the company will report earnings of $1.73 per share for the quarter ending December 2024. This estimate indicates a decline of 12.2% compared to the same quarter last year. Additionally, revenues are projected to reach $89.7 million, which marks a Year-over-Year decrease of 13.3%.

In the last month, analysts have revised their consensus estimate for earnings per share (EPS) downward by 0.6%. This reduction reflects the analysts' reconsideration of their earlier expectations as new data becomes available.

As companies prepare to announce their earnings, it's crucial to monitor changes in earnings estimates. Historical studies have shown a significant connection between revisions in earnings estimates and the subsequent performance of a stock. Investors often pay close attention to these trends when evaluating how a stock may react post-announcement.

While the overall consensus on earnings and revenues offers a general picture of a company’s performance, digging deeper into analysts' projections for key metrics can yield important insights. Here, we explore the major estimates that Wall Street analysts typically focus on for QCR Holdings.

Key Metrics Estimated by Analysts

Analysts have collectively projected that QCR Holdings will report an 'Efficiency Ratio (Non-GAAP)' of 51.8%. This figure is an improvement compared to the 58.9% recorded in the same quarter last year, suggesting increased operational efficiency.

Furthermore, the estimation for 'Average Balance - Total earning assets' stands at $8.27 billion. This shows substantial growth from the reported $7.63 billion during the same quarter in the previous year, indicating an upward trend in the company’s earning assets.

In terms of 'Total noninterest income', analysts expect the figure to reach $28.73 million. This projection contrasts sharply with the $47.73 million reported for the same period last year, highlighting a potential area of concern for the company.

Lastly, analysts conclude that 'Net Interest Income' is likely to be around $61.14 million, showcasing improvement over the $55.74 million reported in the previous year. This growth in net interest income can be a positive sign for the company’s profitability.

Earnings, Projections, QCRH