Insight into QCR Holdings (QCRH) Q4 Earnings Predictions

As QCR Holdings (QCRH - Free Report) prepares to release its quarterly earnings report, Wall Street analysts anticipate a challenging quarter ahead. The expected earnings for the quarter are projected at $1.73 per share, which indicates a decline of 12.2% from the same period last year. Analysts also forecast revenue figures to reach $89.7 million, representing a notable year-over-year decrease of 13.3%.

Over the past month, the consensus estimate for earnings per share (EPS) has been revised downward by 0.6%. This adjustment reflects a collective reassessment among analysts as new information has become available.

Understanding the changes in earnings estimates before the report is crucial for investors. Historical data suggests a strong correlation between the trend of earnings estimate revisions and the subsequent price movements of a stock.

While the general consensus on earnings and revenue can provide a snapshot of quarterly performance, delving into the specific key metrics projected by analysts can yield richer insights.

For QCR Holdings, analysts have provided several key estimates that merit further exploration. One of the critical metrics is the 'Efficiency Ratio (Non-GAAP)', which is projected to be 51.8%. This value reflects an improvement from the same quarter last year, which recorded an efficiency ratio of 58.9%.

Furthermore, the 'Average Balance - Total earning assets' is anticipated to be around $8.27 billion, which is an increase from the previous year's figure of $7.63 billion for the same quarter.

In terms of 'Total noninterest income', the consensus estimate stands at $28.73 million, showing a significant decrease compared to the $47.73 million reported in the same quarter last year.

Lastly, 'Net Interest Income' is expected to hit $61.14 million, an increase from the year-ago value of $55.74 million. This improvement indicates a positive trend in net interest income despite the overall decline in net earnings.

QCRH, Earnings, Metrics