Will BSRR's Q1 2025 earnings beat forecasts like in 2024?
4/3/2025 07:38pm
**Sierra Bancorp's (BSRR) Q1 2025 earnings are unlikely to beat forecasts as they did in 2024**. Here's why:
1. **No Surprise Expected in Q1 2025**: The EPS surprise for Q4 2024 was $0, indicating that the earnings report did not exceed market expectations. This lack of surprise is a clear indication that analysts did not anticipate any significant outperformance in Q1 2025.
|code|Ticker|Name|Date|Net Income YoY|Net Income|market_code|
|---|---|---|---|---|---|---|
|BSRR|BSRR.O|Sierra Bancorp|2024 Q1|6.6163866986630095|9330000|185|
|BSRR|BSRR.O|Sierra Bancorp|2024 Q2|3.4680915414860367|1.0263E7|185|
|BSRR|BSRR.O|Sierra Bancorp|2024 Q3|7.2635306019221035|1.0603E7|185|
|BSRR|BSRR.O|Sierra Bancorp|2024 Q4|64.79567498807441|1.0364E7|185|
2. **Analyst Expectations**: Analysts at DA Davidson have set the EPS estimate for Q1 2025 at $0.67, which is below the EPS of $0.72 reported in Q4 2024. This suggests that analysts do not expect BSRR to beat earnings forecasts in Q1 2025.
3. **Revenue Expectations**: While there is no direct comparison of revenue estimates between Q1 2025 and Q4 2024, the fact that BSRR missed revenue estimates in Q4 2024 could be an indication of challenges in exceeding expectations in the upcoming quarter.
4. **Recent Performance**: BSRR's recent performance has been mixed, with net income increasing from $6.3 million in Q4 2023 to $10.4 million in Q4 2024, but this trend does not guarantee a beat in Q1 2025.
In conclusion, given the absence of positive surprises, the expectations set by analysts, and the recent performance trends, it is more likely that BSRR's Q1 2025 earnings will match or slightly exceed forecasts, rather than beat them significantly as in 2024.