EL7.AI
StocksMedium•22 October 2026•
2 min read

Enterprise Financial third-quarter earnings of $1.17 a share miss estimates

Key Facts

1Investing reported earnings of $1.17 a share against expectations of $1.38, a shortfall of $0.21.
2Quarterly revenue totaled $187.82 million against consensus expectations of $193.09 million.
3The results coverage reported a closing share price of $60.25.

Enterprise Financial Services reported earnings of $1.17 a share for the third quarter of 2026, according to coverage published by Investing on October 22, missing analysts' estimates for both earnings and revenue. Analysts had expected earnings of $1.38 a share for the period, according to the comparison in the site's quarterly results coverage. Earnings therefore fell short of estimates by $0.21 a share, the gap the coverage identified between reported and expected earnings. On revenue, the site reported that the company recorded $187.82 million in the third quarter. The site compared that figure with analysts' consensus forecast of $193.09 million for the same period, adding revenue to the results that fell short of expectations.

The latest results follow a quarter in which provision expense weighed on operating results, according to remarks by Chief Executive Jim Lally cited by Investing in its coverage of the second-quarter earnings call. Lally said at the time that "higher-than-expected provision expense affected operating results," linking performance during that period to a provision expense burden that exceeded the company's estimates. In the context of those earlier results, the coverage updated on July 23, 2026, reported that the company's shares fell 2.98%. The share price reached $63.72 at the time, compared with $65.68 before the decline, according to figures in the second-quarter earnings call coverage. The decline in that comparison amounted to $1.96 a share, part of the move the site tracked in July as it followed the previous quarter's results.

Before the third-quarter results were released, analysts' recommendations cited by Investing in its preview published on October 20, 2026, pointed to buying the stock. Those analysts' average price target was $71, according to the pre-announcement estimates included in the preview. The coverage used a share price of $59.40 at the time as the basis for comparison with the average price target. According to the preview, that average implied potential upside of about 20%, reflecting analysts' expectations before the quarterly figures were released. The third-quarter results coverage published on October 22 reported that the stock closed at $60.25.