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Sierra Bancorp Shares Fall as Q3 Revenue Trails Analysts' Estimates
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Sierra Bancorp Shares Fall as Q3 Revenue Trails Analysts' Estimates
Oct 21, 2024 9:34 PM

01:53 PM EDT, 10/21/2024 (MT Newswires) -- Sierra Bancorp ( BSRR ) shares were down nearly 6% in recent Monday trading after the bank's Q3 revenue fell short of analysts' forecasts.

The company reported Q3 earnings of $0.74 per diluted share, up from $0.68 a year earlier. Analysts polled by Capital IQ expected $0.73.

Revenue for the quarter ended Sept. 30, expressed as the sum of net interest income and total noninterest income, was $38.6 million, compared with $35.9 million a year earlier. Four analysts surveyed by Capital IQ expected $39 million.

Price: 28.01, Change: -1.74, Percent Change: -5.85

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