1st Source Corp expected to post earnings of $1.04 a share - Earnings Preview

1st Source

19/07/2021 12:31

* 1st Source Corp  SRCE.OQ   SRCE.O  is expected to show a rise
in quarterly revenue when it reports results on July 21
(estimated) .
* The South Bend, Indiana-based company is expected to report 
 a 4.8% increase in revenue to $83.033 million from $79.24
million a year ago, according to the mean estimate from 3
analysts, based on Refinitiv data. 
​* Refinitiv's mean analyst estimate for 1st Source Corp is for
earnings of $1.04 per share. For the same quarter last year, the
company reported earnings of 72 cents per share.
* The current average analyst rating on the shares is "hold" and
the breakdown of recommendations is 1 "strong buy" or "buy," 2
"hold" and no "sell" or "strong sell." 
* The mean earnings estimate of analysts was unchanged in the
last three months. ​
* Wall Street's median 12-month price target for 1st Source Corp
is $48​, about 9.9% above​ its last closing price of $43.26. ​​​
* Previous quarterly performance (using preferred earnings
measure in US dollars). ​
 QUARTER       STARMINE    REFINITIV  ACTUAL    BEAT,   SURPRI
 ENDING        SMARTESTIM  IBES                 MET,    SE %
               ATE®        ESTIMATE             MISSED  
 Mar. 31 2021  0.89        0.89       1.10      Beat    24.2
 Dec. 31 2020  0.73        0.71       1.03      Beat    46
 Sep. 30 2020  0.73        0.72       0.78      Beat    7.9​
 Jun. 30 2020  0.57        0.57       0.72      Beat    27.2
 Mar.          0.79​       0.78       0.64      Missed  -17.9​
 31​ 2020​                                              
 Dec. 31 2019  0.89        0.89       0.86      Missed  -3.7​
 Sep. 30 2019  0.89        0.89       0.95      Beat    7
 Jun. 30 2019  0.89        0.89       0.91      Beat    2.6
 This summary was machine generated July 19 at 11:31 GMT.  All
figures in US dollars unless otherwise stated