Sterling Bancorp (NASDAQ:SBT) reported its Q1 earnings results on Monday, May 2, 2022 at 08:00 AM.
Here's what investors need to know about the announcement.
Earnings
Sterling Bancorp beat estimated earnings by 11.11%, reporting an EPS of $0.1 versus an estimate of $0.09.
Revenue was down $997.00 thousand from the same period last year.
Past Earnings Performance
Last quarter the company missed on EPS by $0.0 which was followed by a 0.5% increase in the share price the next day.
Here's a look at Sterling Bancorp's past performance:
| Quarter | Q4 2021 | Q3 2021 | Q2 2021 | Q1 2021 |
|---|---|---|---|---|
| EPS Estimate | 0.1 | 0.07 | 0.06 | 0.02 |
| EPS Actual | 0.1 | 0.08 | 0.05 | 0.05 |
| Revenue Estimate | 23.13M | 22.95M | 23.17M | 25.13M |
| Revenue Actual | 25.28M | 24.70M | 23.33M | 23.68M |
To track all earnings releases for Sterling Bancorp visit their earnings calendar here.
This article was generated by Benzinga's automated content engine and reviewed by an editor.
