Alerus (ALRS) reported quarterly earnings of $0.72 per share, surpassing the Zacks Consensus Estimate of $0.56. This marks an increase from earnings of $0.31 per share a year ago, with a surprise of +28.57%. The company has exceeded consensus EPS estimates in three of the last four quarters.

Alerus posted revenues of $75.39 million for the quarter, exceeding the Zacks Consensus Estimate by 7.85%. Year-ago revenues were $51.37 million. Alerus shares have gained 12.9% year-to-date, outperforming the S&P 500. The stock’s performance will depend on management’s commentary on the earnings call.

Investors are questioning the future of Alerus stock. Earnings outlook and estimate revisions play a crucial role. The current Zacks Rank for ALRS is #4 (Sell). The consensus EPS estimate for the coming quarter is $0.59 on $70.7 million in revenues and $2.26 on $281 million for the fiscal year.

Coinbase Global, Inc. (COIN) is set to report its quarterly earnings soon. Expectations are for earnings of $0.83 per share, down 22.4% year-over-year. Revenue is forecasted to be $1.51 billion, up 4.3% from the previous year. The consensus EPS estimate has been revised 11.2% lower in the last 30 days.

Read more at Nasdaq: Alerus (ALRS) Q2 Earnings and Revenues Top Estimates