BancorpSouth Fourth Quarter Earnings Sneak Peek

BancorpSouth, Inc. (NYSE:BXS) will unveil its latest earnings on Wednesday, January 23, 2013. BancorpSouth is a financial holding company that, through its subsidiary BancorpSouth Bank, conducts commercial banking and financial services operations in Mississippi, Tennessee, Alabama, Arkansas, Texas, Louisiana, Florida, Missouri, and Illinois.

BancorpSouth, Inc. Earnings Preview Cheat Sheet

Wall St. Earnings Expectations: The average estimate of analysts is for net income of 24 cents per share, a rise of 50% from the company’s actual earnings for the same quarter a year ago. During the past three months, the average estimate has moved up from 22 cents. Between one and three months ago, the average estimate moved up. It has been unchanged at 24 cents during the last month. Analysts are projecting profit to rise by 113.3% compared to last year’s 96 cents.

Past Earnings Performance: The company has beaten estimates the last four quarters and is coming off a quarter where it topped forecasts by 3 cents, reporting profit of 25 cents per share against a mean estimate of net income of 22 cents per share.

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A Look Back: In the third quarter, profit rose 99.6% to $23.8 million (25 cents a share) from $11.9 million (14 cents a share) the year earlier, exceeding analyst expectations. Revenue fell 1.7% to $191.2 million from $194.5 million.

Analyst Ratings: There are mostly holds on the stock with eight of 10 analysts surveyed giving that rating.

Wall St. Revenue Expectations: Analysts are projecting a rise of 1.2% in revenue from the year-earlier quarter to $174.9 million.

Key Stats:

On the top line, the company is hoping to use this earnings announcement to snap a string of four-straight quarters of revenue decreases. Revenue fell 10.3% in the fourth quarter of the last fiscal year, 4.5% in first quarter and 10.7% in the second quarter and then fell again in the third quarter.

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(Company fundamentals by Xignite Financials. Earnings estimates provided by Zacks)