Report on pre-market results of October 18, 2021: STT, ACI, GNTY

TThe following companies are expected to publish their results before the market opens on 10/18/2021. Visit our earnings calendar for a full list of expected results.
State Street Corporation (STT) is releasing a report for the quarter ending September 30, 2021. The banking firm’s consensus earnings per share forecast from the 6 analysts following the action is $ 1.92. This value represents an increase of 32.41% compared to the same quarter last year. Over the past year, STT has exceeded expectations every quarter. The highest was in the 2nd calendar quarter where they beat the consensus by 10.67%. Zacks Investment Research reports that the 2021 price-to-earnings ratio for STT is 12.53 versus an industry ratio of 11.70, implying that they will have higher earnings growth than their competitors in the same industry.
Albertsons Companies, Inc. (ACI) is releasing a report for the quarter ending August 31, 2021. Consensus earnings per share for the consumer company from the 6 analysts following the share is $ 0.44. This value represents a decrease of 25.42% compared to the same quarter last year. Over the past year, ACI has exceeded expectations every quarter. The highest was in the 2nd calendar quarter where they beat the consensus by 30.88%. Zacks Investment Research reports that the 2022 price-to-earnings ratio for the ACI is 12.17 versus an industry ratio of 39.20.
Guaranty Bancshares, Inc. (GNTY) reports for the quarter ended September 30, 2021. The bank’s consensus earnings per share (Southwest) forecast by the 2 analysts following the action is $ 0.75 . This value represents a decrease of 18.48% compared to the same quarter last year. GNTY missed consensus earnings per share by -2.47% in the 4th calendar quarter of 2020. Zacks Investment Research reports that the 2021 price / earnings ratio for GNTY is 11.09 versus an industry ratio of 15.40 .
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.