Eagle Bancorp (EGBN) Set to Announce Earnings on Wednesday

Eagle Bancorp (NASDAQ:EGBN) is scheduled to release its earnings data after the market closes on Wednesday, April 17th. Analysts expect Eagle Bancorp to post earnings of $1.13 per share for the quarter. Persons interested in listening to the company’s earnings conference call can do so using this link.

Eagle Bancorp (NASDAQ:EGBN) last posted its quarterly earnings results on Wednesday, January 16th. The financial services provider reported $1.17 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.14 by $0.03. Eagle Bancorp had a net margin of 36.62% and a return on equity of 14.58%. The business had revenue of $81.70 million during the quarter, compared to analyst estimates of $82.13 million. During the same period in the prior year, the business posted $0.88 earnings per share. The company’s revenue was up 8.4% on a year-over-year basis. On average, analysts expect Eagle Bancorp to post $5 EPS for the current fiscal year and $5 EPS for the next fiscal year.

NASDAQ EGBN opened at $54.09 on Tuesday. The company has a quick ratio of 1.03, a current ratio of 1.04 and a debt-to-equity ratio of 0.20. Eagle Bancorp has a 12-month low of $45.15 and a 12-month high of $65.42. The stock has a market cap of $1.89 billion, a price-to-earnings ratio of 12.24, a price-to-earnings-growth ratio of 0.92 and a beta of 0.96.

Several research firms have issued reports on EGBN. FIG Partners restated an “outperform” rating on shares of Eagle Bancorp in a research report on Wednesday, April 3rd. Zacks Investment Research upgraded shares of Eagle Bancorp from a “sell” rating to a “hold” rating in a research report on Friday. TheStreet upgraded shares of Eagle Bancorp from a “c+” rating to a “b-” rating in a research report on Thursday, January 31st. ValuEngine upgraded shares of Eagle Bancorp from a “sell” rating to a “hold” rating in a research report on Wednesday, February 20th. Finally, BidaskClub upgraded shares of Eagle Bancorp from a “hold” rating to a “buy” rating in a research report on Friday, February 22nd. Two research analysts have rated the stock with a sell rating, three have given a hold rating and three have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average price target of $65.50.

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About Eagle Bancorp

Eagle Bancorp, Inc operates as the bank holding company for EagleBank that provides commercial and consumer banking services primarily in the United States. It accepts business and personal checking, NOW, tiered savings, and money market accounts, as well as individual retirement and investment sweep accounts; and time deposits.

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Earnings History for Eagle Bancorp (NASDAQ:EGBN)

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