QCR Holdings (QCRH) Q4 Earnings and Revenues Exceed Expectations

QCR Holdings (QCRH - Free Report) reported impressive quarterly earnings, coming in at $1.93 per share. This figure significantly beats the Zacks Consensus Estimate of $1.73 per share. However, this result is slightly lower than last year's earnings of $1.97 per share, with adjustments made for non-recurring items.

The earnings surprise of 11.56% highlights the company's performance. Previously, it was forecasted that the bank holding company would post earnings of $1.49 per share for the quarter, but it exceeded expectations by delivering $1.78, marking a notable surprise of 19.46%.

Over the past four quarters, QCR Holdings has consistently surpassed consensus EPS estimates, achieving positive surprises all four times.

In terms of revenue, QCR Holdings generated $91.83 million for the quarter ending December 2024, surpassing the Zacks Consensus Estimate by 2.37%. This marks a decline compared to revenues of $103.47 million from the same time last year. The company has also topped consensus revenue estimates three out of the last four quarters.

The sustainability of QCR Holdings' stock price movement following these results will largely hinge on management's insights during the earnings call regarding future expectations.

Since the start of the year, QCR Holdings shares have seen a modest increase of about 1.1%, while the S&P 500 has exhibited a stronger gain of 2.9%.

Future Outlook for QCR Holdings

As QCR Holdings has not performed as well as the broader market thus far in 2024, many investors are left wondering: what does the future hold for this stock?

While there are no straightforward answers, a reliable way to assess the stock's trajectory is by looking at the company’s earnings outlook. This includes current consensus earnings predictions for the upcoming quarters, along with any recent changes in those projections.

Historical data indicates a strong correlation between short-term stock movements and trends in earnings estimate revisions. Investors can either monitor these revisions personally or use reliable rating tools such as the Zacks Rank, which has a proven ability to leverage the impact of earnings estimate changes.

Before this earnings release, the revision trends for QCR Holdings were mixed. Though the estimates may adjust in light of the recent earnings report, the present situation corresponds to a Zacks Rank of #3 (Hold), suggesting the shares are likely to perform in alignment with the market in the near term.

Going forward, it will be worthwhile to observe how estimates for upcoming quarters evolve. The current consensus EPS estimate stands at $1.60 with projected revenues of $86.95 million for the next quarter and $6.93 on $363.8 million in revenues for the current fiscal year.

Investors should remain aware that the broader industry outlook can significantly influence stock performance as well. The Banks - Midwest sector ranks in the top 16% among over 250 Zacks industries, and data shows that the top half of Zacks-ranked industries outperform the lower half by over 2 to 1.

Another player in the same sector, Eagle Bancorp Montana, Inc. (EBMT - Free Report), is yet to release its results for the quarter that ended in December 2024. It is predicted that they will report quarterly earnings of $0.30 per share, a year-over-year increase of 7.1%, with revenue expectations set at $20.5 million, marking a 2.4% decrease from the previous year.

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